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BRIEF-Sunsea to boost Hong Kong unit's capital, Shenzhen unit plans JV with U.S. firm Ayla Networks
October 12, 2017 / 12:24 PM / 12 days ago

BRIEF-Sunsea to boost Hong Kong unit's capital, Shenzhen unit plans JV with U.S. firm Ayla Networks

Oct 12 (Reuters) - Sunsea Telecommunications Co Ltd

* Says it plans to boost Hong Kong unit’s capital by $25 million

* Says Shenzhen unit, U.S. firm Ayla Networks plan to set up JV with registered capital at 100 million yuan ($15.18 million)

Source text in Chinese: bit.ly/2yfKzKU; bit.ly/2kIU4z8

Further company coverage: ($1 = 6.5860 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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