Shanghai Baosight Software Co., Ltd. cancelled the acquisition of the remaining 30% stake in Shanghai Baoxi Computer Technology Co., Ltd. from Computer Engineering & Consulting, Ltd..
March 06, 2015 at 11:00 pm EST
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Shanghai Baosight Software Co., Ltd. (SHSE:600845) agreed to acquire the remaining 30% stake in Shanghai Baoxi Computer Technology Co., Ltd. from Computer Engineering & Consulting, Ltd. (TSE:9692) for CNY 1.6 million on March 7, 2014. The transaction has been unanimously approved by Board of Directors of Shanghai Baosight Software Co., Ltd.
Shanghai Baosight Software Co., Ltd. (SHSE:600845) cancelled the acquisition of the remaining 30% stake in Shanghai Baoxi Computer Technology Co., Ltd. from Computer Engineering & Consulting, Ltd. (TSE:9692) on March 7, 2015.
Shanghai Baosight Software Co., Ltd. is a China-based company, principally engaged in software development and engineering, outsourcing services, and system integration. The company's products are applied in steel, transportation, service outsourcing, mining, nonferrous metals, petrochemical, equipment manufacturing (including shipbuilding), resources, finance, public services, water conservancy, medicine and other industries.