Brief: SSLJ.com To Implement A Business Combination With Yungu

SSLJ.Com

20/06/2019 19:23

June 20 (Reuters) - SSLJ.com Ltd  YGTY.O :
    * SSLJ.COM - ON JUNE 15, CO, GUANGDONG YUNGU MEDIA JOINT
STOCK CO,
CEO XINYU YANG, BEIJING SHENGSHITONG TECHNOLOGY ENTERED INTO
SHARE EXCHANGE AGREEMENT
    * SSLJ.COM SAYS ENTERED INTO SHARE EXCHANGE AGREEMENT TO
IMPLEMENT
A BUSINESS COMBINATION BETWEEN YUNGU AND CO - SEC FILING
    * SSLJ.COM - SHALL ACQUIRE EQUITY SECURITIES OF BEIJING
SHENGSHITONG TECHNOLOGY FROM XINYU YANG IN EXCHANGE FOR 87.7
MILLION NEWLY ISSUED CLASS A ORDINARY SHARES
    * SSLJ.COM - YUNGU SHALL PAY CASH CONSIDERATION OF $1.1
MILLION TO
CO FOR THE ISSUANCE OF CLASS A SHARES
    * SSLJ.COM LTD - MANAGEMENT DEEMS IT IN BEST INTEREST OF CO
TO
SPIN OFF THE CEASED OPERATIONS IN WUHAN, CHINA

Source text: (http://bit.ly/31OgU9M)
Further company coverage:  YGTY.O 

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