Deyun Holding Ltd. (HK:1440) has released an update.
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Deyun Holding Ltd. has announced the formation of a joint venture with Asia Partners to develop the CR7 Museum HK, marking a strategic move in the entertainment sector. With Asia Partners acquiring a 50% stake, the joint venture will no longer be a subsidiary of Deyun but rather a jointly controlled entity. Additionally, Circle Time has committed to providing financial assistance of up to HK$70 million to support the venture’s setup and operations.
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