Jinshan shareholding modification: millet, a total of 2.98% shares

On January 19, kingsoft software, today issued a notice to millet announced through its wholly-owned subsidiary reached an agreement with Tencent Holdings, a wholly-owned subsidiary, millet cost get kingsoft 2.98% shares at HK $ 527 million.
Millet to HK $ 14.93 per share from Tencent’s acquisition of 35.29 million ordinary shares outstanding, kingsoft’s outstanding share capital of 2.98%, the total cost of the acquisition was HK $ 527 million. The takeover will be completed by January 30, 2015.
In July 2011, Lei (microblogging) take over from Jinshan Qiu bojun, the founder as Chairman, Qiu bojun, and kingsoft software shareholders spinning dragons as part of Lei’s work, both to Jinshan voting carte blanche to Lei.
April 2014, kingsoft said, Lei to buy 2.5% Jinshan shares of Tencent Holdings. After the increase, Lei’s stake in Golden Hill 14.89%. after the overweight, Lei’s stake in Golden Hill 14.89%.
This millet acquisition is completed, millet holding shares of kingsoft’s outstanding 2.98%, Tencent Holdings kingsoft’s outstanding shares to 9.6%, Lei’s voting power will increase to 29.9%.
At present, the Lei is Jinshan sweeping reforms in December 2014, Jinshan teamed up stake in Vianet, Remy, wherein kingsoft invested $ 172 million, owns 11.6% shares of vianet.
Lei trumpeted, “three years ago, when I returned to Jinshan, adjust the business to ‘3+1’ architecture. Complete transformation of kingsoft. Cloud computing is the ‘1’ stands for the strategic business. ”
Lei promised Jinshan Jinshan group in the 3-5 years to invest 1 billion u.s. dollars. Lei said that Jin Shanyun Jinshan software will become the focus of the next three years. Hope Jin Shanyun can make a company worth tens of billions of dollars in the industry.