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BRIEF-PCCW Ltd announces investments by Hony Capital, Foxconn Ventures and Temasek in PCCW OTT
August 10, 2017 / 9:49 AM / a month ago

BRIEF-PCCW Ltd announces investments by Hony Capital, Foxconn Ventures and Temasek in PCCW OTT

Aug 10 (Reuters) - PCCW Ltd:

* PCCW OTT entered into subscription agreement with Hony Capital, Foxconn Ventures and Temasek

* Hony Capital, Foxconn Ventures and Temasek agreed to severally subscribe for an aggregate of 11 million preference shares for US$110 million

* Hony Capital has been granted an option to subscribe for up to a further 2 million preference shares at an exercise price of US$10 per share Source text for Eikon: Further company coverage:

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