Brief: China Merchants China Direct Investments updates on disposal of equity interests in Esurfing

China Merchants China Direct Investments

01/08/2016 09:53

Aug 1 (Reuters) - China Merchants China Direct Investments Ltd  0133.HK : 
 * Disposal of equity interests in esurfing  0133.HK  
 * Tian zheng has agreed to sell to besttone all of its 5.37% equity interests in esurfing" 
 * tian zheng, besttone, and all other holders of shares in esurfing have entered into a conditional agreement 
 * Estimated consideration for sale and purchase of equity interests held by tian zheng in esurfing is approximately RMB103.8 million 
 * Tian zheng and other esurfing shareholders agreed to sell, and besttone agreed to purchase 100% interests in esurfing 
 * Based on tentative consideration, expected that tian zheng shall receive 7.2 million besttone new shares 
 * Source text (http://bit.ly/2abiFqo) 
 
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