Date
23 April 2018

LeTV operator resumes share trading, paper says

Leshi Internet Information & Technology Corp. (300104.CN), operator of LeTV.com, said its shares were to resume trading on Monday after they were suspended last Thursday due to a number of data errors in its proposal to acquire Dongyang Huaer Entertainment Media Co. Ltd. and LeTV New Media, a deal estimated to be worth 1.6 billion yuan (US$261.53 million), the Securities Times reported Monday. Meanwhile, the company’s deputy general manager and secretary to the board Zhang Te said the company may consider listing its film investment and distribution arm in Hong Kong or mainland China, the report said.

– Contact HKEJ at [email protected]

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