Allied Electronics Corporation Ltd : Company intends to: - collapse control structure . Company intends to: introduce a new strategic partner who will invest 400 mln rand . Company intends to: reconstitute Altron's board of directors . Co and Value Capital Partners reached in-principle agreement in terms of which VCP will subscribe for shares in company . VCP will inject 400 mln rand of capital into company, through a cash subscription for shares . Altron, VCP procured in-principle support from Co's shareholders representing c.82 pct of A shares and 76 pct of N shares .Includes Dr Venter, who is fully supportive of proposed transaction.
Boomsense Technology Co Ltd <300312.SZ> :Says co plans to transfer its mobile communication mini base station assets and staff to co's wholly owned communication system unit whose 70 percent will be sold.