April 3 (Reuters) - Oceanwide Holdings Co Ltd * Says board approves to set up 4 subsidiaries such as Internet finance, asset management * Says 2014 net profit up 24.1 percent y/y at 1.6 billion yuan ($258.36 million) Source text in Chinese: http://bit.ly/1BUQxta; http://bit.ly/1y5gsUa Further company coverage: ($1 = 6.1930 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)
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