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Gungho Online Entertainment Inc to sell subsidiary to SoftBank Corp

Thursday, 21 Aug 2014 04:45am EDT 

Gungho Online Entertainment Inc:To sell a 100 pct stake (one share) in subsidiary GGF B.V that based in Netherlands as a holding company, to SoftBank Corp.Transaction amount is about 35,719 mln yen.Effective Aug. 25.