Jiangsu Zitian Media Technology To Buy Internet Technology Firm For 1.4 Bln Yuan
Fujian Zitian Media Technology Co Ltd 3300280:
SAYS IT PLANS TO BUY INTERNET TECHNOLOGY FIRM WAN DOU JIAN JIAN FOR 1.4 BILLION YUAN ($201.01 million) VIA CASH, SHARE ISSUE
SAYS IT AIMS TO RAISE UP TO 750 MILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND THE ACQUISITION, BOOST CAPITAL
($1 = 6.9649 Chinese yuan renminbi)