December 12, 2016 / 8:58 AM / 9 months ago

BRIEF-Xinhua Holdings unit to raise 43 pct stake in Activate Interactive Pte Ltd.

Dec 12 (Reuters) - Xinhua Holdings Ltd :

* Says its wholly owned mobile unit will buy 20 percent stake in Activate Interactive Pte Ltd at $1

* Says its unit also plans to buy 23 percent stake in Activate Interactive Pte Ltd at $1 before Dec. 12, 2017

Source text in Japanese:goo.gl/Ds3k5w

Further company coverage: (Beijing Headline News)

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