fujian start group co ltd-a
(600734:Shanghai Stock Exchange)
Transactions by FUJIAN START GROUP CO LTD-A (600734) in the last 6 months
Beijing Advanced Property Co., Ltd. entered into an agreement to acquire 17% stake in Fujian Start Computer Equipment Co., Ltd. from Fujian Start Group Co.Ltd. (SHSE:600734) on September 9, 2015. In a related deal, Rentian Technology Holdings Limited (SEHK:885) through its subsidiaries entered into a memorandum of understanding to acquire a 17% stake in Fujian Start Computer Equipment Co., Ltd. from Beijing Advanced Property Co., Ltd. on September 9, 2015.
Fujian Start Group Co.Ltd. announced a private placement of up to 151,706,699 shares at a price of CNY 7.91 per share for gross proceeds of up to CNY 1,199,999,989.09 on August 15, 2015. The transaction is subject to shareholders' approval to be obtained in the 4th special shareholders' meeting of 2015. On September 8, 2015, the transaction was approved at its 4th special shareholders' meeting of 2015.
Fujian Start Group Co.Ltd. entered into an agreement to acquire Shenzhen Xing Fei Technology Co., Ltd from ZTE Corp. (SZSE:000063), Shenzhen Changfei Investment Company Limited, Chen Feng, Chen Chu Shan and others for CNY 1.5 billion in cash and stock on August 14, 2015. ZTE Corp., Chen Chu Shan, Chen Feng and others will transfer all shares in Xingfei held by them to Start Group for a consideration comprising CNY 798 million payable as to CNY 110 million in cash and ...
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