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4 months ago
BRIEF-Insea Intelligent Tech plans acquisition via cash, share issue
April 20, 2017 / 3:06 PM / 4 months ago

BRIEF-Insea Intelligent Tech plans acquisition via cash, share issue

April 20 (Reuters) - Insea Intelligent Tech Inc

* Says it plans to acquire stakes in two technology firms for a combined 458.1 million yuan ($66.56 million) via cash, share issue

* Says board elects Huang Jingang as chairman

Source text in Chinese: bit.ly/2pVP4Fd; bit.ly/2pH3L2k

Further company coverage: ($1 = 6.8824 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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