Brief: Beijing Fourth Paradigm Technology Announces Transfer Of Equity Interest & Capital Increase

Phancy

09/02/2024 07:29

Feb 9 (Reuters) - Beijing Fourth Paradigm Technology Co
Ltd  6682.HK :
    * TRANSFER OF EQUITY INTEREST & CAPITAL INCREASE IN
GUANGZHOU
JIANXIN
    * DEAL FOR RMB88 MILLION
    * GUANGZHOU JIANXIN AGREED TO INCREASE REGISTERED CAPITAL BY
RMB2.5 MILLION
    * BEIJING FOURTH PARADIGM TECHNOLOGY SEES GAIN OF AROUND
RMB20
MILLION ON EQUITY TRANSFER
    * CO'S INTEREST IN GUANGZHOU JIANXIN WILL BE DILUTED TO
41.90% ON
DEAL COMPLETION

Source text for Eikon:  ID:n11068176-1 
Further company coverage:  6682.HK 

 ((Reuters.Briefs@thomsonreuters.com;))