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JiShi Media Co Ltd and Subsidiary to Acquire Equity Shares


Tuesday, 8 Jan 2013 07:00pm EST 

JiShi Media Co Ltd announced that it will 33.89% stake in Jilin-based wired broadcast television transmission company and a 3.77% stake in a Jilin-based wireless radio and television transmission company from a Jilin-based industrial company, for RMB 125,596,787.80 and RMB 715,552.09. The Company originally holds a 57.02% and a 96.23% stake in the two target company respectively. The Company's wholly owned subsidiary, a venture capital investment company, will also invest up to RMB 5 million to acquire a 100% stake in a Fusong-based real estate company. 

Company Quote

12.24
0.34 +2.86%
26 Dec 2014