Brief: China Baoli Technologies Announces Acquisition Of Stake In Yota For$60 Mln

China Baoli Technologies Holdings

05/07/2018 16:04

July 5 (Reuters) - China Baoli Technologies Holdings Ltd
 0164.HK :
    * UNIT TO ACQUIRE 25.1% OF ISSUED SHARE CAPITAL OF YOTAFOR
US$60
MILLION
    * CONSIDERATION TO BE SATISFIED BY ISSUE OF 8.23 BILLION
CONSIDERATION SHARES AT PRICE OF HK$0.05729 PER SHARE
    * APPLICATION MADE BY CO FOR RESUMPTION OF TRADING IN SHARES
FROM
ON JULY 6

Source text for Eikon:  ID:nHKSbKrwHL 
Further company coverage:  0164.HK 

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