Brief: Travelsky Technology Updates On Original Capital Increase Agreements

TravelSky Technology

12/06/2020 11:33

June 12 (Reuters) - TravelSky Technology Ltd  0696.HK :
    * TRAVELSKY TECHNOLOGY UPDATES ON ORIGINAL CAPITAL INCREASE
DEALS
I & II ENTERED BY CO, TRAVELSKY MOBILE TECH, SOUTHERN AIRLINES
CAPITAL & OTHERS
    * IN NEW CAPITAL INCREASE AGREEMENT I, PARTIES TO MAKE A
CAPITAL
CONTRIBUTION OF RMB241.1 MILLION IN TOTAL TO TRAVELSKY MOBILE
TECH
    * IN NEW CAPITAL INCREASE AGREEMENT II, YICHENG TECHNOLOGY
TO MAKE
CAPITAL CONTRIBUTION OF RMB33.7 MILLION TO TRAVELSKY MOBILE TECH
    * AFTER  NEW CAPITAL INCREASE AGREEMENT II,  TRAVELSKY
MOBILE TECH
WILL BE HELD 31.61% BY CO & CEASE TO BE ITS UNIT
    * TRAVELSKY TECHNOLOGY SEES GAIN OF ABOUT RMB209.09 MILLION
ON
DISPOSAL OF TRAVELSKY MOBILE TECH

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSfDQvX
Further company coverage:  0696.HK 

 (Reuters.Briefs@thomsonreuters.com)