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Kingsoft Corp Ltd announces transfer of equity interest in Kingsoft Japan

Tuesday, 18 Mar 2014 07:25am EDT 

Kingsoft Corp Ltd:Agreed to sell and Cheetah (subsidiary of KIS) agreed to purchase the Kingsoft Japan shares in consideration of 614,040,000 Yen (equivalent to about HK$46,482,967).Upon completion of the transaction, KIS, through Cheetah, will hold 20 pct equity interests in Kingsoft Japan.The company will continue to hold 51 pct of the equity interests of Kingsoft Japan directly and indirectly. 

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24 Dec 2014