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Guangzhou Global Telecom Signs Agreement to Acquire 50% Equity Stake in Beijing Lihe Jiahua Technology and Trading Company Ltd.

Publication: PR Newswire
Publication Date: 09-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BEIJING, April 9, 2008 /Xinhua-PRNewswire/ -- Global Telecom Holdings Limited (''GTHL''), wholly owned Enterprise of Guangzhou Global Telecom, Inc. (BULLETIN BOARD: GZGT) , a wholesale distributor of mobile phone handsets, pre-paid calling cards and mobile handset value-added services in the People's Republic of China (PRC), announced that it has signed an agreement ('Agreement') with Beijing Lihe Jiahua Technology and Trading Company Ltd ('Lihe') to acquire a 50% equity interest in Lihe in the form of 1,500,000 shares and 200,000 Renminbi ('RMB') as...

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