BRIEF-Huanxi Media Group's Unit Enters Distribution Agreement For RMB2.80 Billion
July 5 (Reuters) - Huanxi Media Group Ltd:
* UNIT ENTERS MINIMUM GUARANTEED DISTRIBUTION AGREEMENT IN RELATION TO INVESTMENT IN FILM RIGHTS FOR RMB2.80 BILLION
* GROUP EXPECTS AT LEAST AN UNAUDITED PBT OF RMB300 MILLION FOR MINIMUM- GUARANTEED DISTRIBUTION OF FILM
* AMOUNTS TO BE RECEIVED UNDER MINIMUM GUARANTEED DISTRIBUTION AGREEMENT TO FIRST BE INCLUDED WITHIN 2018 ACCOUNT Source text for Eikon: Further company coverage: