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Cayenne Entertainment Technology Co Ltd to Issue Shares for Acquisition of Stake in Blue Panda Holding Limited

Friday, 22 Nov 2013 04:16am EST 

Cayenne Entertainment Technology Co Ltd announced that it will issue 2,156,796 shares to acquire 35% stake in Blue Panda Holding Limited. The Company is currently holding 6.22% stake in Blue Panda. The Company aims to invest indirectly into a Shanghai-based information technology company through acquisition of stake in Blue Panda. 

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