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BRIEF-Huawei Culture to raise up to 1.2 bln yuan in share private placement
June 8, 2017 / 10:31 AM / 2 months ago

BRIEF-Huawei Culture to raise up to 1.2 bln yuan in share private placement

1 Min Read

June 8 (Reuters) - Huawei Culture Co Ltd

* Says it plans to raise up to 1.2 billion yuan ($176.65 million) in share private placement to fund TV and online drama project

* Says share trade to resume on June 9

Source text in Chinese: bit.ly/2sGFZlG; bit.ly/2s6V8jb

Further company coverage: ($1 = 6.7932 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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