Shanghai Oumao Investment Management Partnership Enterprise (Limited Partnership) completed the acquisition of 5% stake in B-SOFT Co.,Ltd. from Hangzhou Fukang Investment Co., Ltd.
July 26, 2020
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Shanghai Oumao Trade Investment Management Partnership (Limited Partnership) agreed to acquire a minority stake in B-SOFT Co.,Ltd. (SZSE:300451) on January 21, 2020. Shanghai Oumao Trade Investment Management Partnership (Limited Partnership) signed investment framework agreement to acquire 5% stake in B-SOFT Co.,Ltd. from Hangzhou Fukang Investment Co., Ltd. for approximately CNY 740 million on May 12, 2020. As per terms, Shanghai Oumao Trade Investment Management Partnership (Limited Partnership) will acquire 55.48 million shares of B-SOFT Co.,Ltd. Under the terms of consideration, CNY 506.2 million will be paid within 45 working days after the signing of the agreement and remaining will be paid within 5 working days after the precedent conditions of the agreement are met.
Shanghai Oumao Investment Management Partnership Enterprise (Limited Partnership) completed the acquisition of 5% stake in B-SOFT Co.,Ltd. (SZSE:300451) from Hangzhou Fukang Investment Co., Ltd. on July 27, 2020.
B-Soft Co., Ltd. is a China-based company principally involved in medical and health information construction. It operates three businesses. The medical and informatization application software business includes hospital information application software and public health information application software. The information technology-based system integration business includes computer information equipment system integration business and intelligent network cabling engineering integration business. The information technology (IT) operation and maintenance service business includes financial self-service equipment professional technical service business and medical industry's maintenance technology service business. The Company mainly conducts its businesses in domestic market.