| Major Disposal |
|
On 29 August 2008, ChinaMotion NetCom Holdings Limited, a wholly-owned subsidiary of the Company, entered into a sale and purchase agreement to sell to CITIC 1616 Holdings Limited, 100% of the entire issued share capital of ChinaMotion NetCom Limited and the net payables for a cash consideration of HK$260,000,000, subject to the adjustments as described in the announcement. Completion is intended to take place on 30 September 2008. For details, please refer to the announcement dated 29 August 2008 and the circular dated 19 September 2008 published under the section of Investor Relations. For media enquiries, please contact: China Motion Telecom International Limited Cigi Kwok Tel: (852) 2209-2873 Fax: (852) 2209-1873 Email: cigi.kwok@chinamotion.com Address: Room 2604-08, 26/F., Harbour Centre, 25 Harbour Road, Wanchai, Hong Kong |
| [Close] |