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600198 - Datang Telecom Technology Co News Story

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BRIEF-Datang Telecom Technology To Buy DT-Linktech, Share Trade To Resume On May 12

Tue 11th May, 2021 11:41am
May 11 (Reuters) - Datang Telecom Technology Co Ltd
 600198.SS :
    * SAYS IT PLANS TO BUY DT-LINKTECH VIA SHARE ISSUE
    * SAYS IT AIMS TO RAISE UP TO 1 BILLION YUAN  ($155.67
million) IN
PRIVATE PLACEMENT OF SHARES TO MEET ITS FUNDING NEEDS
    * SAYS TRADING IN SHARES TO RESUME ON MAY 12

Source text in Chinese: https://bit.ly/3hicnHa ;
https://bit.ly/33yZvo0
Further company coverage:  600198.SS 

($1 = 6.4240 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-39525805;))
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