Sunday, June 17, 2007

Global Sources will not up HC International stake

(Reuters) - Global Sources also said Trade Media will not be exercising
its other option to purchase Huicong Construction Co's 18
percent stake in Beijing Huicong International Information Co.
at an aggregate exercise price of $31.9 million. Beijing
Huicong is an indirect subsidiary of HC International.




Global Sources and Trade Media Holdings still collectively
own about 12.8 percent of HC International.


Read more at Reuters.com Mergers News

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