Edition:
United Kingdom

Aisino to issue shares for stake acquisition and fund raising


Saturday, 26 Mar 2016 

Aisino Co Ltd:Says to issue 15,134,511 shares at 44.60 yuan per share and pay cash of 225 mln yuan, to 33 individuals and a Hunan-based investment company in exchange for 100 pct stake in Guangzhou-based technology company, with transaction amount of 900 mln yuan.To issue 1,530,487 shares at 44.60 yuan per share and pay cash of 200,000 yuan to eight individuals in exchange for 31.12 pct Beijing-based technology company, for 68.46 mln yuan.To raise up to 390.20 mln yuan through private placement.