Wed Nov 14, 2018 06:55
English | 繁體 | 简体
Click here to toggle text size
Ourgame (06899) unit sells 5% in Tianjin Zhongqi Weiye
07 Dec 2017
(Infocast News) Ourgame International (06899) announced that Tianjin Lianzhong Lequ Technology Development has agreed to sell 5% equity interest in Tianjin Zhongqi Weiye Sports Development (the Target Company) to Ningbo Meishan Bonded Port Area People’s Network One Cultural Industry Equity Investment Partnership (L.P.) for RMB35 million. Upon completion, the seller's interest in the Target Company will decrease from 45.6% to 40.6%.

The seller is owned as to 45.6% by Ourgame International before completion of the disposal.

The purchaser is granted an option to acquire a further 5% equity interest in the Target Company at a cash consideration of RMB35 million from the seller or a company designated by the seller within 12 months after completion of the disposal.

© Copyright Quamnet. All rights reserved. Republish the contents in whole or in part other than the authorized methods below, Quamnet reserves the right to proceed legal action.
Market Update
A founding member of:
Oceanwide IR:
Sitemap  |  About Us  |  Contact Us  |  Disclaimers     English | 繁體 | 简体  
Oceanwide Financial:
China Tonghai International Financial Limited  |  Oceanwide Capital  |  Oceanwide Securities
Oceanwide Financial Management   |  Quamnet
Information of OceanwideIR (Investor Relations):
[Hong Kong Listed Company Information] [Financial News] [Announcement Alerts] [Free Delayed Stock Quote] [Chart]
[Hong Kong stock information]

OceanwideIR (Investor Relations) Services:
[Listed Companies Information] [Listed Companies Financial Information] [Listed Companies Announcements]
[Listed Companies Circulars] [Listed Companies News] [Press Releases] [Listed Companies Event Calendar]
[Listed Companies Presentations] [Proxy Forms]

Oceanwide IR (Investor Relations):
[Securities Firms] [Fund Houses] [Venture Capitals] [Financial Public Relations Agencies] [Financial Printers]
Investor Relations Dictionary:
[Listed Companies Result Announcement] [Financial Report] [Interim Report] [Annual General Meeting]
[Extraordinary General Meeting] [Board Meeting] [Annual Report] [Contact Listed Companies Investor Relations]
[Company Information Sheet] [Next Day Disclosure Return] [News Release] [IPO] [Prospectus] [Stock Quote] [Trading Volume]