Article: DR. PENG TECHNOLOGY TO BUY 30% OF DOLLUN MEDIA ADVERTISING


AsiaInfo Services
07-01-2008
Dr. Peng Technology to Buy 30% of Dollun Media Advertising

SHANGHAI, Jul 01, 2008 (SinoCast via COMTEX) -- Chengdu Dr. Peng Technology Co., Ltd. (SHSE: 600804) said on June 28, 2008 that it would buy a 40% stake in Beijing Dollun Media Advertising Co., Ltd. from Beijing Dollun Huixing Media Advertising Co., Ltd., in line with a recent agreement.

Under the agreement, Dr. Peng Technology and its shareholders Shenzhen Pengbo Group Co., Ltd., Beijing Tonglingtong Telecommunications Technology Co., Ltd. and Shenzhen Ruisong Investment will respectively buy 40%, 10%, 10% and 10% of the Dollun Media Advertising for CNY 89.96 million, CNY 22.49 million, CNY 22.49 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!