China’s CITIC Capital Buys Stake In Singapore-Based Event Service Agency Cityneon

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Singapore-based Cityneon Holdings served the recent box-office hit, Avengers: Endgame, which already garnered over US$2.5 billion in box office and counting.

CITIC Capital, the flagship investment unit of Chinese financial conglomerate CITIC Group, has reached an agreement with Singapore-based Cityneon Holdings to purchase new shares in the company through an investment, according to a statement released on Tuesday.

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