Brief: Chinasoft International Says Hongju Innovation To Buy 50.83% Stake In Sz Kai Hong

Chinasoft International

23/12/2021 15:15

Dec 23 (Reuters) - Chinasoft International Ltd  0354.HK :
    * HONGJU INNOVATION (BEIJING) INFORMATION TECHNOLOGIES
PARTNERSHIP
ENTERPRISE TO BUY 50.83% STAKE IN SZ KAI HONG
    * DEAL FOR A CONSIDERATION OF RMB76.25 MILLION
    * HUBBLE, CCB CHINASOFT  INTERNATIONAL & HONGJU INNOVATION
TO
INJECT IN AGGREGATE OF RMB200 MILLION INTO SZ KAI HONG
    * UPON COMPLETION, GROUP SHALL HAVE AN INDIRECT STAKE IN SZ
KAI
HONG OF 19.50%

Source text for Eikon:  ID:nHKScc98HM 
Further company coverage:  0354.HK 

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