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Hopeful JV Fund between COFCO & Morley Release Time : 2012-03-20

On the opening ceremony of Morley Shanghai Representative Office, Mr. Alain Dromer, Morley’s Chief Executive Officer, announced that Morley had set up an exciting plan for its China business for the future 12 months and will apply OFII qualification to invest in Chinese capital market. They also hope to develop QDII business with local partners.

Before the ceremony, COFCO and Morley had officially signed MOU of a fund joint venture.

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