BRIEF-Better Life Commercial Chain Share's Shareholders To Sell Stakes To Tencent, JD.com's Affiliates
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BRIEF-Better Life Commercial Chain Share's Shareholders To Sell Stakes To Tencent, JD.com's Affiliates
Feb 23 (Reuters) – Better Life Commercial Chain Share Co Ltd :
* SAYS IT SIGNS STRATEGIC AGREEMENT WITH JD.COM, TENCENT
* SAYS TWO SHAREHOLDERS AGREE TO SELL 6 PERCENT STAKE IN THE COMPANY TO TENCENT‘S AFFILIATE
* SAYS TWO SHAREHOLDERS AGREE TO SELL 5 PERCENT STAKE IN THE COMPANY TO JD.COM‘S AFFILIATE
* SAYS STAKE SALE TO TENCENT‘S AFFILIATE AT 886.9 MILLION YUAN ($140.00 million)
* SAYS STAKE SALE TO JD.COM‘S AFFILIATE AT 739.1 MILLION YUAN
* SAYS SHARE TRADE TO RESUME ON FEB 26 Source text in Chinese: bit.ly/2sPqgVy; bit.ly/2CEct3V; bit.ly/2olkp5K Further company coverage: ($1 = 6.3352 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)
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