CHINA MERCHANTS (00133) injects RMB100M into subsidiary of CHINA TELECOM with holdings climbing to 5.37%
CHINA MERCHANTS (00133) announced to pump RMB102 million into Esurfing Media. After the injection, the company's holdings in Esurfing Media's will climb to 5.37% of the enlarged share capital. CHINA TELECOM will continue to be a controlling shareholder of Esurfing Media.
Esurfing Media is principally engaged in in providing platform services for mobile videos and online videos.
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