November 16, 2017 / 11:45 AM / a month ago

BRIEF-Beijing Join-Cheer Software plans acquisition via share placement, share trade to resume

Nov 16 (Reuters) - Beijing Join-Cheer Software Co Ltd

* Says it plans to raise up to 1.2 billion yuan ($181.00 million) in share placement to fund acquisition, replenish capital

* Says it plans to acquire 49 percent stake in Shanghai internet firm for 800 million yuan via share placement

* Says share trade to resume on Nov 17

Source text in Chinese: bit.ly/2zMtvg8; bit.ly/2zHv7KE; bit.ly/2zIyS2i

Further company coverage: ($1 = 6.6300 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below