Brief: Asiainfo Security Technologies To Buy Stake In Asiainfo Technologies Limited

AsiaInfo Technologies

16/01/2024 14:24

Jan 16 (Reuters) - Asiainfo Security Technologies Co Ltd
 688225.SS :
    * SAYS IT PLANS TO SET UP SPV WITH PARTNERS TO BUY 19.2% OR
20.3%
STAKE IN ASIAINFO TECHNOLOGIES LIMITED  1675.HK  FOR HK$1.7-1.8
BILLION ($217.25-230.03 MILLION) FROM SKIPPER INVESTMENT LIMITED
    * SAYS IT WILL OBTAIN VOTING RIGHT REPRESENTED IN 9.6% STAKE
IN
ASIAINFO TECHNOLOGIES AFTER STAKE PURCHASE
    * SAYS IT WILL BECOME ASIAINFO TECHNOLOGIES'S CONTROLLING
SHAREHOLDER

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Further company coverage:  688225.SS 

($1 = 7.8252 Hong Kong dollars)

 (Reporting by Beijing newsroom)
 ((Ella.Cao@thomsonreuters.com;))