Brief: TUS International says Suzhou Qiyizhi as purchaser entered SDIC equity transfer agreement

Titan Invo Technology

15/09/2017 14:41

Sept 15 (Reuters) - TUS International Ltd  0872.HK : 
    * Suzhou Qiyizhi entered into SDIC equity transfer agreement 
with SDIC High-Tech and Suzhou Yinwo 
    * SDIC equity transfer agreement is for consideration of 
RMB32 million 
    * SQ entered deal with Suzhou Yinwo to buy SY interests & SY 
agreed to release obligation of SQ to grant share award for 
RMB28 million 
    * SQ submitted notice to Suzhou Zhihua to fully exercise 
option, raising group's stake in Suzhou Zhihua by 12.28 percent 
 
Source text for Eikon:  ID:nHKStkc5K  
Further company coverage:  0872.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))