Asia
Anoky Seeks to Fully Acquire Fengyun IT
Shanghai Anoky Group (SHE:300067) plans to fully acquire Guangzhou Fengyun Information Technology through cash and share placement, according to a Monday disclosure on the Shenzhen bourse.The Chinese textile dye manufacturer's shares jumped 20% at the close of Tuesday's trade.Fengyun IT offers computing power and network services.The final transaction price is yet to be determined, as well as the number of shares to be placed. The share placement price will be up to 4.03 yuan per share.
SHE:300067