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BRIEF-TUS International says Suzhou Qiyizhi as purchaser entered SDIC equity transfer agreement
September 15, 2017 / 3:34 PM / 7 days ago

BRIEF-TUS International says Suzhou Qiyizhi as purchaser entered SDIC equity transfer agreement

Sept 15 (Reuters) - TUS International Ltd:

* Suzhou Qiyizhi entered into SDIC equity transfer agreement with SDIC High-Tech and Suzhou Yinwo

* SDIC equity transfer agreement is for consideration of RMB32 million

* SQ entered deal with Suzhou Yinwo to buy SY interests & SY agreed to release obligation of SQ to grant share award for RMB28 million

* SQ submitted notice to Suzhou Zhihua to fully exercise option, raising group’s stake in Suzhou Zhihua by 12.28 percent Source text for Eikon: Further company coverage:

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