|
|
Article: Teamsun Acquires Entire 68.4% Automated Interest from CSC; Creating Synergies for Business in Greater China and Southeast Asia.
- Article from:
- JCN Newswires
- Article date:
- May 7, 2009
CopyrightCOPYRIGHT 2009 Japan Corporate News Network K.K. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Hong Kong, May 7, 2009 - (ACN Newswire) - Automated Systems Holdings Limited ("ASL" or "the Company") (stock code: 771), a leading IT services provider in Hong Kong, announces that its ultimate controlling shareholder Computer Sciences Corporation ("CSC"), has signed a Share Purchase Agreement with Teamsun Technology (HK) Limited ("Teamsun"), a wholly-owned Hong Kong subsidiary of Beijing Teamsun Technology Co., Ltd. (SHSE stock code: 600410), on 24 April 2009, wherein Teamsun has conditionally agreed to acquire CSC's entire holding of203,431,896 shares in ASL, representing approximately 68.4% of ASLs issued share capital. CSC is selling her shareholding at HK$1.29 per ...