Beijing-based private equity firm Heaven-Sent Capital Management Group Co. has invested RMB200 million (US$32 million) in Shenzhen-listed television and movie producer, Great Wall Movie and Television Co.,Ltd., according to a security filing.
Great Wall will issue 50.7 million shares via a private share placement at RMB17.26 apiece, for a total amount of RMB875 million, to seven investors, including one fund management firm established by the Great Wall Group Co., Ltd.
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