eLong, Inc. Boosts Stake in DIDA INC with Acquisition of Approximately 35.58 Million Shares at HK$1.39 Each
Stock News
Aug 17
According to the latest disclosures from the Hong Kong Stock Exchange, on August 13, eLong, Inc. increased its shareholding in DIDA INC (02559) by 35,582,693 shares, at a price of HK$1.3875 per share, bringing the total transaction value to approximately HK$49.371 million.
Following this acquisition, eLong's latest share count in the company stands at around 685 million shares, representing a holding ratio of 66.71%.
The transaction also involves a related party, Tongcheng Travel Holdings Limited.
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