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BRIEF-Datang Telecom Technology To Buy DT-Linktech, Share Trade To Resume On May 12

05/11/2021 06:41
BRIEF-Datang Telecom Technology To Buy DT-Linktech, Share Trade To Resume On May 12

- Datang Telecom Technology Co Ltd 600198.SS:

  • SAYS IT PLANS TO BUY DT-LINKTECH VIA SHARE ISSUE

  • SAYS IT AIMS TO RAISE UP TO 1 BILLION YUAN ($155.67 million) IN PRIVATE PLACEMENT OF SHARES TO MEET ITS FUNDING NEEDS

  • SAYS TRADING IN SHARES TO RESUME ON MAY 12

Source text in Chinese: https://bit.ly/3hicnHa ; https://bit.ly/33yZvo0

Further company coverage: 600198.SS


($1 = 6.4240 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

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