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United States

ChinaSoft updates on asset purchase and share issue agreement with But'One Information Corp XiAn<0354.HK><600455.SS>


Tuesday, 2 Aug 2016 08:59am EDT 

ChinaSoft International Ltd <0354.HK>: Deal for at the preliminary consideration of RMB6.33 billion . Says csi China, an unit of the company, entered into the asset purchase and share issue agreement with but'one . Consideration will be satisfied by but'one by issue of consideration shares at an issue price per consideration share of RMB39.07 . Csi China has agreed to sell and but'one has agreed to acquire the target entities . 

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