Edition:
United Kingdom

Aisino updates stake acquisition and private placement plan


Thursday, 23 Jun 2016 

Aisino Corp <600271.SS>: Says it will acquire 100 percent stake in Guangzhou-based technology co via share issuance and cash payment . Says it will buy 30.76 percent stake instead of 31.12 percent stake Beijing-based technology unit, via share issuance and cash payment . Says transaction amount of 967.7 million yuan . Says to hold 100 percent stake in the Beijing-based technology unit .Says it will raise up to 390 million yuan via private placement.