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China Digital Holdings (00861.HK) Subsidiary Digital China Information (000555.SZ) Plans Private Placement to Raise Up to RMB1B
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China Digital Holdings (00861.HK) announced that its subsidiary Digital China Information (000555.SZ) plans to conduct a private placement to raise no more than RMB1 billion. Upon completion, the Groups shareholding in Digital China Information will be diluted to 32.18%, representing a decrease of 6.44 percentage points, but it will remain a subsidiary of the Group. (de/d)

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