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BRIEF-China's Surfilter Network plans acquisition for 602.6 mln yuan via cash, share issue
September 1, 2014 / 11:37 AM / 3 years ago

BRIEF-China's Surfilter Network plans acquisition for 602.6 mln yuan via cash, share issue

Sept 1 (Reuters) - Surfilter Network Technology Co Ltd

* Says to acquire Suzhou-based digital firm for 602.6 million yuan (98.12 million US dollar) via cash, share issue

* Says to raise up to 200.9 million yuan in private placement to fund the acquisition

* Says shares to resume trading on September 2

Source text in Chinese: bit.ly/1nOWAcW; bit.ly/1nOWAcW

Further company coverage: (1 US dollar = 6.1415 Chinese yuan) (Reporting by Hong Kong newsroom)

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