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Sky-mobi Ltd (MOBI.OQ)

MOBI.OQ on NASDAQ Stock Exchange Global Market

1.87USD
22 Jul 2016
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$-0.02 (-1.06%)
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Tue, Jul 5 2016

BRIEF-Sky-Mobi special committee retains financial advisor

* Sky-Mobi Limited special committee retains financial advisor and legal counsel

BRIEF-Sky-mobi to review preliminary non-binding "going private" proposal

* Sky-Mobi limited forms a special committee to review preliminary non-binding "going private" proposal Source text for Eikon: Further company coverage:

BRIEF-Sky-Mobi reports Q1 earnings per share RMB 0.01

* Revenue from smartphone business was RMB81.7 million (US$12.7 million) in Q1 of 2016 compared to RMB219.3 million

BRIEF-Sky-mobi agreed to repurchase aggregate of 1.3 mln ADSs at price of $2.00 per ADS

* Mobi announces repurchase of 1,308,781 ADSs from Sequoia Capital and adoption of 2016 share incentive plan

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