Shenzhou Thai Yue buys 8% stake in Dalian Huaxin

Source: Internet
Author: User
Keywords Thai Yue Equity transfer Agreement
April 20 Evening News, Shenzhou Yue announced today that the company spent 10.8 million U.S. dollars to acquire Dalian Huaxin 8% stake, the transfer of Microsoft China Investment Holdings Limited.  The announcement said, Shenzhou Thai Yue April 18 and Microsoft China Investment Holdings Limited (hereinafter referred to as Microsoft Investment) signed the "Equity transfer agreement" to buy the latter held by cash acquisition of Dalian Huaxin 12 million shares, about 8% of Dalian Huaxin Total Equity, the transaction amount of 10.8 million U.S. dollars. Dalian Huaxin Founded in 1996, mainly engaged in computer software outsourcing, application software development, system integration and software maintenance services.  Microsoft investment is the company's second largest shareholder, holding 11.14%, in addition, including NEC, Hitachi and other Japanese companies also hold unequal shares. At present, the China Thai Yue Board has approved the transaction, the Ministry of Commerce must approve. (Li Yin)
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