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BRIEF-Silverlake Axis updates on sale of shares in Global Infotech Co Ltd
January 10, 2017 / 9:57 AM / 8 months ago

BRIEF-Silverlake Axis updates on sale of shares in Global Infotech Co Ltd

Jan 10 (Reuters) - Silverlake Axis Ltd :

* Pdf 1: Silverlake Axis Ltd (Sale Of Shares In Global Infotech Co. Ltd.)

* Intends to utilise proceeds from disposal for general working capital purposes, special dividends, reduction of borrowings

* Sale shares were sold, pursuant to aforesaid block trade, for an aggregate cash consideration of RMB54.24 million

* Company has further sold 3 mln GIT shares on 9 January 2017 by block trade on chinext of Shenzhen Stock Exchange Source text for Eikon: Further company coverage:

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