May 24, 2016 / 7:51 AM / a year ago

BRIEF-Shenzhen Ellassay's unit to provide subsidies to indirectly-owned unit in France

May 24 (Reuters) - Shenzhen Ellassay Fashion Co Ltd

* Says unit to provide financial subsidies of 21 million euros ($23.50 million) to company’s indirectly owned unit Adon World in france

Source text in Chinese: bit.ly/1TACBkj

Further company coverage: ($1 = 0.8936 euros) (Reporting by Hong Kong newsroom)

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