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3 months ago
BRIEF-Shanghai Fukong Interactive Entertainment says change of controlling shareholder
April 19, 2017 / 7:40 AM / 3 months ago

BRIEF-Shanghai Fukong Interactive Entertainment says change of controlling shareholder

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April 19 (Reuters) - Shanghai Fukong Interactive Entertainment Co Ltd :

* Says 106.5 million shares of co has been transferred to a Shanghai cultural and media firm from co's shareholder Yan Jinggang, at 21.28 yuan per share, as the first step of the 153.4 million shares' transfer plan

* The Shanghai cultural and media firm now owns 18.5 percent stake in co and becomes the controlling shareholder of co

* Individual Yan Jinggang is still the co's actual controller

Source text in Chinese: goo.gl/vHKIUp

Further company coverage: (Beijing Headline News)

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