Cool: LeTV sold its 17.83% stake | cash 800 million Hong Kong dollar

In the evening news of January 4, Coolpad announced that Leview Mobile HK Limited had advised that the sale had been completed and that the Purchaser had purchased 897,437,000 Sale Shares at a cash consideration of HK $ 0.9 per Sale Share, representing a total consideration of HK $ 807 million, not And then a single major shareholder.

June 28, 2015, LeTV invested 2.18 billion yuan to buy an 18% stake in Cool, became the second largest shareholder.

In June 2016, LeTV increased its stake in Coolpad to 28.90% and became its largest shareholder.

August 5, 2016, Cool announcement that Jia Yunting formally admitted to the Coolpad, as chairman, followed by the former president of Huawei Honor Liu Jiangfeng as Cool CEO.

August 31, 2017, Cool CEO Liu Jiang Feng announced that Cool left.

In November 2017, Jiayue Ting resigned as Chairman of Cool Board.

Since the Jiayue Pavilion into Cool Group, Cool shares continue to plunge, the lowest dropping to 0.66 Hong Kong dollars.

Le total of nearly 3.0 billion total investment in the Cool, the transfer of Cool 17.83% stake in music only to recover 800 million Hong Kong dollars, its cool investment projects on a lot of losses.

2016 GoodChinaBrand | ICP: 12011751 | China Exports