Tuesday, November 6, 2018

BRIEF-Zhuhai Orbita Aerospace To Buy Stakes In Two Information Technology Firms

Nov 6 (Reuters) - Zhuhai Orbita Aerospace Science & Technology Co Ltd:

* SAYS IT PLANS TO BUY STAKES IN TWO INFORMATION TECHNOLOGY FIRMS FOR A COMBINED 421.4 MILLION YUAN ($60.85 million) VIA CASH, SHARE ISSUE

* SAYS IT PLANS TO RAISE UP TO 136.4 MILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND THE ACQUISITIONS Source text in Chinese: https://bit.ly/2SPhlfK Further company coverage: ($1 = 6.9249 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)



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