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Longcheer Holdings Ltd announces incorporation of subsidiary

Friday, 20 Dec 2013 05:33am EST 

Longcheer Holdings Ltd:Says the incorporation of Mobell Software Technology Co Ltd.Says with the registered capital of Mobell Software is 10 mln yuan.Says the principal activity of Mobell Software is provision of mobile handset design solutions, development and trading of mobile handsets.Says the legal representative of Mobell Software will be Tang Jiping upon incorporation, Mobell Software will be 80 pct indirectly owned by the company.Says The investment in Mobell Software will be funded by internal resources and will not have any material financial impact for the current financial year ending June. 30, 2014. 

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