China LotSynergy 1371

China LotSynergy 1371

Postby winston » Wed Jun 04, 2014 3:03 pm

not vested

Last Update as at 04 Jun 14:32 (HKT)TENCENT in talk to control CHINA LOTSYN - report

CHINA LOTSYN (01371.HK) major shareholder Chan Shing and Chairman Lau Ting are in proactive talk with TENCENT (00700.HK) for possible investment of the latter, according to the sources from the senior management of China Lotsyn cited by 21st Century Business Herald.

The report said the two parties may reach a final agreement on 10 June, making Tencent the largest shareholder of China Lotsyn.

China Lotsyn is principally engaged in the business of provision of technology and services for lottery systems, terminal equipment, gaming products and their operations in China?s lottery market.


Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am

Re: China LotSynergy 1371

Postby winston » Wed Jun 04, 2014 4:02 pm

not vested

CHINA LOTSYN (01371.HK) soars 17% as Tencent said to buy stake

It is reported that CHINA LOTSYN (01371.HK) was approached by TENCENT-NEW (00700.HK) for acquisition of certain equity interest of CHINA LOTSYN by Tencent, and both parties may enter into the final agreement by next Tuesday (10 June).

The stock rocketed 17% to $0.81, reclaiming the 100MA ($0.72) with trading volume surging to 1.12 billion shares. On the contrary, Tencent fell 2.4% to $109.3.

For other lottery stocks, VODONE (00082.HK) and REXLOT HOLDINGS (00555.HK) also leaped 7.5% and 7% to $0.86 and $0.93 respectively.

Source: AStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118536
Joined: Wed May 07, 2008 9:28 am


Return to C

Who is online

Users browsing this forum: No registered users and 7 guests