• allan said: hi .. svilena hristova i had cheated by a chinese company in senzhen. i...
• Svilena Hristova said: Hi, i live in China and i will try to help you. Send me email...
• Jhummun S said: I made payment a huge sum for an order on 13/12/2011 by credit card...
• steve said: can i use roaming service in Yangon, Myanmar using this china sin card ?
• norm said: I would like to know that also. Feb. 2006 I aquired shares.
• baove said: Is it just me or does it seem that Vietnamese are strong supporters of...
• Clifford Mensch said: I would like to offer property for sale to investors, 60 acres...
• Clem said: 100,000 employees, 200,000 iphones produced daily. I wonder what kind of...
• Trizt said: I really hope they do pay the workes for all the extra hours they will...
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Shanda Sells Sina Shares
February 9, 2007 |
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Chinese online game company Shanda (SNDA) will sell an aggregate of 4,000,000 ordinary shares of Sina.com (SINA), representing an net proceeds of approximately US$129,600,000.
The sale of the Sina.com shares is expected to be completed on or about February 13, 2007. Following the sale, Shanda will continue to hold 2,118,278 SINA shares, representing approximately 3.9% of the issued and outstanding share capital of Sina.com, calculated based on information furnished by Sina.com in its public filings with the United States Securities and Exchange Commission.
In accordance with the United States securities laws and regulations, Shanda will promptly file with the SEC an amendment to its statement of beneficial ownership on Schedule 13D reporting the transaction and disclosing certain other matters required to be reported on the Schedule 13D.
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