Brief: Leyou Technologies Says A Controlling Shareholder Entered MoU With Diandian Interactive

iDreamSky Technology Holdings

04/05/2020 15:43

May 4 (Reuters) - Leyou Technologies Holdings Ltd  1089.HK :
    * INFORMED BY ONE OF THE CONTROLLING SHAREHOLDERS AND THAT
HIS
UNITS ENTERED MOU WITH DIANDIAN INTERACTIVE HOLDING
    * APPLICATION MADE TO STOCK EXCHANGE FOR TRADING RESUMPTION
IN
SHARES FROM 9 AM ON 5 MAY
    * NEW MOU FOR POSSIBLE SALE OF CERTAIN OR ALL OF ISSUED
SHARES OF
CO IN WHICH YUK KWOK CHEUNG CHARLES IS INTERESTED
    * AS OF THIS DATE, SHAREHOLDER IS INTERESTED IN 2.13 BILLION
SHARES IN CO
    * POTENTIAL BUYER AGREED TO PAY US$80 MILLION AS EARNEST
MONEY
AFTER EXECUTION OF NEW MOU TO SELLING SHAREHOLDERS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS218F1z
Further company coverage:  1089.HK 

 (Reuters.Briefs@thomsonreuters.com)