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BRIEF-Urovo Technology to invest 24.8 mln yuan to raise stake in tech company to 20 pct
October 20, 2017 / 8:54 AM / a month ago

BRIEF-Urovo Technology to invest 24.8 mln yuan to raise stake in tech company to 20 pct

Oct 20(Reuters) - Urovo Technology Co Ltd

* Says co plans to acquire 10 percent stake in Beijing-based technology company (target company) from shareholders of target company, at the price of 11 million yuan

* Says co plans to use 13.8 million yuan to subscribe for 1.4 million shares of target company

* Says co will hold 20 percent stake in target company in total

Source text in Chinese: goo.gl/xvbyw5

Further company coverage: (Beijing Headline News)

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