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CITIC Guoan Information Industry Co Ltd to Divest 49% Stake in Jingzhou-based Company to Acquire New Shares Issued by Hubei Broadcasting & Television Information Network Co., Ltd


Monday, 15 Jul 2013 08:00pm EDT 

CITIC Guoan Information Industry Co Ltd announced that it has decided to use all 49% stake it holds in a Jingzhou-based network company to acquire 5,093,600 new shares issued by Hubei Broadcasting & Television Information Network Co., Ltd. After that, CITIC Guoan Information Industry will become the fourth major shareholder of Hubei Broadcasting & Television Information Network Co., Ltd., holding 54,717,900 shares (a 8.21% stake). 

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