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China mobile game completed the merger and delisted from nasdaq
Category: Company news
Date: 2015-09-21
Click: 1912
Author: 佚名
Collection:
Mobile game entertainment group of China announced today that it has completed the Merger transaction with Pegasus Merger Sub Limited, a wholly-owned subsidiary of Pegasus investment holding co., ltd....

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Mobile game entertainment group of China announced today that it has completed the Merger transaction with Pegasus Merger Sub Limited, a wholly-owned subsidiary of Pegasus investment holding co., ltd. under the Merger agreement and plan reached on June 9, 2015. With the completion of the transaction, mobile game will no longer be a publicly listed company, but will become a wholly-owned subsidiary of Pegasus investment holding co., LTD.

Under the terms of the merger agreement, both class A and class B common shares issued and circulated at A par value of us $0.001 each have been cancelled in exchange for us $1.5714 in interest-free cash before the merger takes effect. To avoid confusion, the pre-merger issuance and outstanding us depositary shares (ADS) of China mobile game have been cancelled in exchange for us $22.00 in interest-free cash. Each ADS represents 14 class A common shares.

Bank of New York Mellon, the trustee of mobile game ADS, will ask shareholders to give up all ADS in exchange for merger consideration. For shareholders who abandon ADS, the ADS trust will pay them $22.00 a share in interest-free cash.

Mobile game also announced that it had asked its ADS in the nasdaq global market to stop trading. China mobile game asked nasdaq to submit Form 25 documents to the securities and exchange commission to notify the SEC that the company's nasdaq-traded ADS would be delisted and its registered securities would be cancelled.

Three dragon electronics (dongguan the godson photoelectric co., LTD., sichuan three dragon electronics co., LTD.) was established in August 2005, is a dedicated research and development, manufacturing, sales in the integration of modern private high-tech enterprises, the godson photoelectric 11 Tian Hengtai road is located in dongguan changan town, the company a total investment of RMB 50 million, the factory covers an area of about 30000 square meters, existing staff 3000 people, the company has injection molding department, SMT division, FPC division, back light group, the irrigation crystal group, TFT module division, SIN module division, The company adheres to and adheres to the principle of "providing high-quality products for customers and providing growth opportunities for employees; Operate in good faith and share interests; Customer first, service by heart.

The company has a brand new factory, equipped with clean clean and clean clean dustless workshop, equipped with central air conditioning and central acoustics; There are dining halls, convenience stores, basketball courts, table tennis and other entertainment facilities in the living area. The dormitory is equipped with air conditioning and water heater, which provides the greatest convenience for employees' life.


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