October 18, 2016 / 12:56 PM / 10 months ago

BRIEF-Moneymax Financial Services entered into a joint venture

Oct 18 (Reuters) - Moneymax Financial Services Ltd

* Company has entered into a joint venture with AP Oil International Limited

* Company will participate in joint venture through subscription of equity interest in a joint venture company to be incorporated for a cash consideration of rmb25.0 million

* JV company shall have an initial registered capital of rmb200 million

* Joint venture is not expected to have any material impact on gearing of group Source text for Eikon: Further company coverage:

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