TCL Corporation (SZSE:000100) agreed to acquire an additional 11.07% stake in Tianjin 712 Communication & Broadcasting Co.,Ltd. from ZOOM Technologies, Inc. (OTCPK:ZOOM) for approximately CNY 280 million on July 17, 2015. Upon completion, TCL Corporation will hold 21.91% stake in Tianjin 712 and ZOOM Technologies will hold 35.35% stake.
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Stocks mentioned in the article
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Capi.
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24 CNY | +0.33% | -10.18% | 2.57B | ||
4.67 CNY | +0.21% | +4.24% | 11.86B | ||
1st Jan change | Capi. | |
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0.00% | 3 | |
+8.42% | 4.15B | |
-20.05% | 2.37B | |
+4.44% | 1.85B | |
+9.91% | 1.72B | |
-12.55% | 1.67B | |
-15.34% | 1.56B | |
-2.05% | 1.55B | |
-2.88% | 1.23B | |
-10.41% | 987M |
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- TCL Corporation agreed to acquire an additional 11.07% stake in Tianjin 712 Communication & Broadcasting Co.,Ltd. from ZOOM Technologies, Inc. for approximately CNY 280 million.