Brief: Silverlake Axis sells 1.5 mln Global Infotech shares
31/10/2016 10:16
Oct 31 (Reuters) - Silverlake Axis Ltd
* Sale Of Shares In Global Infotech Co. Ltd
* sale shares were sold, pursuant to aforesaid block trade,
for an aggregate cash consideration of rmb35.18 million
* sold a further 1.5 million git shares by block trade on
chinext of shenzhen stock exchange
* intends to utilise proceeds from disposal for general
working capital purposes, special dividends, reduction of
borrowings
Source text for Eikon: ID:nSN1bmxBq
Further company coverage: SLVX.SI
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