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Gome Telecom Equipment Co Ltd (600898.SS)

600898.SS on Shanghai Stock Exchange

12.16CNY
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Mon, Sep 11 2017

BRIEF-Gome Telecom Equipment to raise up to 750 mln yuan in share private placement

* Says it aims to raise up to 750 million yuan ($114.99 million) in private placement of shares to fund projects, acquisition and boost working capital

BRIEF-Gome Telecom Equipment's share trade to halt pending private placement

* Says share trade to halt from Sept 7 pending announcement related to share private placement

BRIEF-Gome Telecom Equipment sets up Zhejiang telecom JV worth 200 mln yuan

* Says it completed establishment of Zhejiang-based telecom JV worth 200 million yuan with Gome

BRIEF-Gome Telecom Equipment plans Zhejiang telecom JV worth 200 mln yuan

* Says it plans to set up a Zhejiang-based telecom JV registered at 200 million yuan with Gome

BRIEF-Gome Telecom Equipment to swing to loss in FY 2017 H1

* Sees to swing to net loss at 15 million yuan in FY 2017 H1 versus net profit at 7.7 million yuan in FY 2016 H1

BRIEF-Gome Telecom Equipment unit to acquire 49 pct stake in Huizhou-based tech firm for 10 mln yuan

* Says unit to acquire 49 percent stake in Huizhou-based tech firm for 10 million yuan

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