Brief: MOGU Reports Entry into Definitive Agreements to Increase Ownership of Hangzhou Ruisha
26/07/2021 23:04
July 26 (Reuters) - Mogu Inc MOGU.N :
* MOGU INC. ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENTS TO
INCREASE
OWNERSHIP OF HANGZHOU RUISHA
* MOGU - HANGZHOU JUANGUA TO BUY EQUITY INTERESTS FROM
EXISTING
HOLDERS, SUBSCRIBE FOR ADDITIONAL EQUITY INTERESTS IN HANGZHOU
RUISHA FOR RMB50 MILLION CASH
* MOGU INC - WILL BENEFICIALLY OWN 59.62% EQUITY INTERESTS
IN
HANGZHOU RUISHA AT CLOSING OF DEALS
Source text for Eikon: ID:nBwb0DMm6a
Further company coverage: MOGU.N
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