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BRIEF-Kong Sun Holdings says unit entered asset management agreement
January 3, 2017 / 10:13 PM / 9 months ago

BRIEF-Kong Sun Holdings says unit entered asset management agreement

Jan 4 (Reuters) - Kong Sun Holdings Ltd

* Kong Sun Yongtai (a wholly-owned subsidiary of company), as trustor, entered into asset management agreement

* agreement with xinhua FTSE asset management as manager and China Bohai Bank as trustee

* pursuant to deal, Kong Sun Yongtai has agreed to entrust a total amount of not exceeding rmb1 billion as entrusted assets

* deal in relation to investment and management of entrusted assets. Source text for Eikon: Further company coverage:

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