Brief: Sinocloud Group clarifies statement in article published in The Straits Times
02/08/2017 07:38
Aug 2 (Reuters) - Sinocloud Group Ltd SINL.SI :
* Refers to article published in The Straits Times on 2
August 2017, titled "Market Highlights"
* Statement stating "Sinocloud Group has also issued 3.39
billion new shares to investors who have taken a 19 percent
stake in company" is inaccurate
* Clarifies statement is inaccurate as issuance of 3.39
billion new shares was in relation to acquisition of 19%
interest in unit Sinocloud 01 Ltd
Source text for Eikon: ID:nSNZ5dvBgf
Further company coverage: SINL.SI
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on SinoCloud
See all newsBrief: SinoCloud Says Chan Andrew Wai Men Ceases As Exec Chair
Brief: SinoCloud Group Announces Cessation Of CFO, Yip Chun On
Brief: Sinocloud Group Says Lapse Of MoU In Relation To A Proposed Acquisition
Brief: Sinocloud Enters Non-Binding MoU With Individual
Brief: Sinocloud Group Updates On Litigation Suit Of Guiyang Zhongdian Gaoxin Digital Technologies