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JD-SW Sells Entire 11.21% Stake in LX TECHNOLOGY for ~$70M
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A subsidiary of JD-SW (09618.HK) sold all of its approx. 39.5899 million shares in LX TECHNOLOGY (02436.HK), a management solutions provider, in an off-market transaction for a cash consideration of approx. $1.77 per share, according to documents from the Stock Exchange. This represents 11.21% of the Company's shares, cashing out approx. $70 million. Following the completion of the sale, JD-SW no longer holds any shares in LX TECHNOLOGY. AASTOCKS Financial News Website: www.aastocks.com |
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