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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Blockchain Group Co Ltd    0364   KYG7114W1006

BLOCKCHAIN GROUP CO LTD (0364)
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Blockchain : buys technical consultancy for HK$23m

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10/15/2018 | 04:35am EST

[ET Net News Agency, 15 October 2018] Blockchain Group (00364) said its direct

wholly-owned has agreed to buy a 100% equity interest in Hangzhou Blockcast Blockchain

Technology for HK$23 million, which shall be satisfied by the allotment and issue of the

consideration shares by Blockchain Group.

Hangzhou Blockcast is principally engaged in technical development, technical

consultancy, technical support, achievements transfer of blockchain technology, network

information technology and computer hardware and software. Blockchain consider that the

acquisition provides an opportunity to the company to expand its range of

blockchain-related products and strengthen its global presence in the blockchain-related

products market. (KL)

(c) 2018 ET Net Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Technical analysis trends BLOCKCHAIN GROUP CO LTD
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Managers
NameTitle
Yang Bo Cai Managing Director & Executive Director
Zhen Rong Cai Joint Chairman
Yong Liu Joint Chairman
Zhen Yao Cai Director-Finance & Executive Director
Zhen Ying Cai Executive Director & Director-Marketing
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