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IDREAMSKY signs MOU to buy LEYOU TECH H's 69% Stake
10 Dec 2019
(Infocast News) iDreamSky (01119) entered into a memorandum of understanding (MOU) with Yuk Kwok Cheung Charles, one of the controlling shareholders of Leyou Technologies Holdings (01089) regarding the sale of a total of 2.13 billion shares in the issued share capital of Leyou, representing 69.21% of the issued share capital of Leyou.

Trading in the shares of iDreamSky has been resumed at 9:00 a.m. today.

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