November 30, 2016 / 1:15 AM / a year ago

BRIEF-Fortunet E-commerce says Pointsea agrees to subscribe for shares in JV company

Nov 30 (Reuters) - Fortunet E-commerce Group Ltd :

* Pointsea Holdings, Extra Step and Joy Empire have conditionally agreed to subscribe for shares in JV company

* After completion of additional subscription, jv company will be held as to 50% by Pointsea Holdings and 50% by investors

* Subscription price payable by Pointsea Holdings shall be RMB100 million Source text for Eikon: Further company coverage:

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