Reuters logo
BRIEF-SZZT Electronics says shareholding structure change in e-commerce firm
September 11, 2017 / 8:21 AM / 15 days ago

BRIEF-SZZT Electronics says shareholding structure change in e-commerce firm

Sept 11 (Reuters) - SZZT Electronics Co Ltd :

* Says the company will take over 100 percent stake in a Sichuan-based e-commerce firm from the company’s Guangzhou-based wholly owned network tech subsidiary, at price of 1 yuan

* Says co will introduce a Shenzhen-based holding group company as new investor to inject capital into the Sichuan-based e-commerce firm

* Co’s stake in Sichuan-based e-commerce firm will be diluted to 60 percent from 100 percent after transaction

Source text in Chinese: goo.gl/98qCAG ; goo.gl/ZUziAG

Further company coverage: (Beijing Headline News)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below