Brief: Bojun Education Announces Stake Acquisition In Two Target Companies

Bojun Education

08/12/2021 06:55

Dec 8 (Reuters) - Bojun Education Company Ltd  1758.HK :
    * SICHUAN YUNMAO AND CHENGDU BOMAO TO BUY 26.5% AND 24.5% OF
STAKE
IN SICHUAN ZHENGZHUO EDUCATION INVESTMENT CO, RESPECTIVELY
    * SALE OF STAKES IN SICHUAN ZHENGZHUO EDUCATION INVESTMENT
CO DEAL
FOR RMB283.1 MILLION
    * SICHUAN YUNMAO AND CHENGDU BOMAO TO EACH BUY 25.5% STAKE
IN
SICHUAN GAOJIAO INVESTMENT CO
    * PURCHASE OF STAKES IN SICHUAN GAOJIAO INVESTMENT CO FOR
TOTAL
RMB26.0 MILLION
    * SICHUAN YUNMAO TO HOLD 51% REGISTERED CAPITAL OF EACH OF
SICHUAN
ZHENGZHUO EDUCATION INVESTMENT, SICHUAN GAOJIAO INVESTMENT CO
    * CHENGDU BOMAO TO ENTER A NEW SET OF STRUCTURED CONTRACTS
WITH
TARGET GROUP AND SICHUAN YUNMAO

Source text for Eikon:  ID:nHKSbpLC11 
Further company coverage:  1758.HK 

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