Brief: Travelsky Technology Ltd Says Yicheng Technology To Make Capital Contribution
27/05/2020 15:34
May 27 (Reuters) - TravelSky Technology Ltd 0696.HK :
* YICHENG TECHNOLOGY TO MAKE A CAPITAL CONTRIBUTION OF
RMB33.7
MILLION TO TRAVELSKY MOBILE TECH
* SOUTHERN AIRLINES CAPITAL AMONG OTHERS AGREED TO MAKE
CAPITAL
CONTRIBUTION OF RMB241.1 MILLION IN TOTAL TO TRAVELSKY MOBILE
TECH
* EXPECTS TO RECORD GAIN OF ABOUT RMB207.32 MILLION (BEFORE
TAX &
EXPENSES) FROM DEEMED DISPOSAL OF TRAVELSKY MOBILE TECH
* TRAVELSKY MOBILE TECH WILL BE HELD AS TO 31.61% BY CO,
8.39% BY
YICHENG TECHNOLOGY, 12% BY SOUTHERN AIRLINES CAPITAL
* TRAVELSKY MOBILE TECH WILL BE HELD AS TO 12% BY AIR
TRAFFIC
INVESTMENT COMPANY & 36% BY TRAVELSKY CAPITAL
Source text for Eikon: ID:nHKS8JCThD
Further company coverage: 0696.HK
(Reuters.Briefs@thomsonreuters.com)
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