Guangdong Highsun Group plans full acquisition of two entertainment firms

Industry:    2016-09-30

Guangdong Highsun Group Co Ltd :

* Says co plans to proceed with remaining 25 percent stake’s acquisition in a Hunan-based entertainment unit at 78.9 million yuan, and aims to hold 100 percent stake in it after transaction

* Co plans to buy 49 percent stake in a Nanchang-based entertainment firm for 650.8 million yuan, and co’s Hunan-based entertainment unit is holding a 51 percent stake in it currently

Source text in Chinese: goo.gl/vfvGWy ; goo.gl/gTHf1K

Further company coverage: (Beijing Headline News).

 


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