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BRIEF-Beijing Wanji Technology to subscribe for 5.6 mln shares of Guangdong-based firm for 50 mln yuan
September 28, 2017 / 4:17 AM / 3 months ago

BRIEF-Beijing Wanji Technology to subscribe for 5.6 mln shares of Guangdong-based firm for 50 mln yuan

Sept 28(Reuters) - Beijing Wanji Technology Co Ltd

* Says it plans to subscribe for 5.6 million shares of a Guangdong-based internet business firm, which is mainly engaged in electronic toll collection (ETC) service business, for 50 million yuan

* Says it will hold 10 percent stake in the Guangdong-based firm after transaction

Source text in Chinese: goo.gl/CNDwNi

Further company coverage: (Beijing Headline News)

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