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dango62 2 posts  |  Last Activity: Aug 26, 2015 10:47 PM Member since: Dec 27, 2008
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  • Pursuant to the FL Framework Agreement, the Company, along with the other existing shareholders of FL Mobile Inc. (the "Existing FL Shareholders"), have agreed to sell to Beijing Jinxing the entire stake in FL Mobile Inc. that they currently hold for no less than RMB 4 billion (or approximately no less than US $626 million)[1], with the final price being subject to the valuation of an independent third party valuer. The FL Mobile Divestment is expected to close within 180 days

    Sentiment: Strong Buy

  • Pursuant to the NationSky Agreements, approximately US$16 million of the total purchase price shall be delivered to the Company within ten business days of the NationSky Agreements, and approximately US$48 million shall be paid to the Company by September 30, 2015, while the remaining US$16 million shall be paid by December 31, 2015. The NationSky Divestment is expected to close within 60 days

    Sentiment: Strong Buy

105.74+0.41(+0.39%)Nov 24 4:00 PMEST