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Provider: Thomson Reuters Stock Report

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JiShi Media Co Ltd to Set up Joint Venture

Thursday, 17 Oct 2013 08:00pm EDT 

JiShi Media Co Ltd announced that it plans to invest RMB 30 million to establish a joint venture with a Jilin-based film publishing and screening company and a venture capital investment company, with each to hold a 60%, a 29.25% and a 10.48% stake. The joint venture will be with a registered capital of RMB 50 million and be engaged in the investment and construction of a film studio. 

Company Quote

-0.15 -0.78%
9:25pm EDT