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General

China Digital TV provides update on Super TV deal

Wednesday 11 January 2017 | 13:41 CET | News
China Digital TV Holding, a provider of cloud-based application platforms and conditional access systems, has provided an update on the pending sale of its interests in Beijing Super TV, held by Golden Benefit Technology, an indirect subsidiary of the company. Pursuant to the equity transfer agreement announced on 7 November 2016, and the supplemental agreement to equity transfer agreement dated 28 December 2016, China Digital TV has received, through its Chinese affiliate, an amount equal to CNY 610 million less the previously received deposit, from Changxing Bao Li Rui Xin Technology, the

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Categories: General
Companies: China Digital TV Holding
Countries: China
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