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United States

Gome Telecom Equipment Co Ltd (600898.SS)

600898.SS on Shanghai Stock Exchange

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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

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