China Ruyi Holdings' (HKG:0136) two subsidiaries agreed to acquire a 30% stake in Beijing Yonghang Technology from four subsidiaries of Tencent Holdings (HKG:0700), a substantial shareholder of the company, for 825 million yuan.
For the consideration amount, 742.5 million yuan will be paid in cash while the rest will be settled through issuance and allotment of 36.7 million consideration shares at HK$2.43 apiece by the company to one of the vendors, Tencent Mobility, or its designated party, a Monday Hong Kong bourse filing said.
The purchasers include Beijing Ruyi Jingxiu Network Technology and Virtual Cinema Entertainment.
The vendors include Tencent Digital (Shenzhen), Tencent Mobility, Guangxi Tencent Venture Capital, and Tibet Yonghang Enterprise Management Partnership.
The target company created and owns QQ Dance, QQ Dance 2, QQ Dance Mobile and other games. Upon the completion, the target company will become an associate of the company.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。