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Stock Market & Financial Investment News

News Breaks
March 21, 2014
06:34 EDTCMGEChina Mobile Games 3.442M share Secondary priced at $24.00
Credit Suisse acted as lead book running manager for the offering.
News For CMGE From The Last 14 Days
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May 27, 2015
06:02 EDTCMGECMGE enters into cooperation with Disney to publish Star Wars: Commander
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May 20, 2015
07:14 EDTCMGEChina Mobile Games announces strategic restructuring of subsidiary
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May 18, 2015
08:34 EDTCMGEChina Mobile Games receives non-binding proposal to be acquired for $21.50/ADS
China Mobile Games announced that its board has received a preliminary non-binding proposal from Orient Hongtai Investment Management, a subsidiary of Orient Securities Company, to acquire all of the outstanding shares of the company, including ordinary shares represented by American depositary shares, for $1.54 in cash per Class A or Class B ordinary share, or $21.50 in cash per ADS. A copy of the proposal letter is attached hereto as Exhibit A. Orient Investment has separately indicated to the Company that it has secured committed equity financing from certain of its affiliates and co-investors in an aggregate amount of RMB 5B. The proposal letter did not state any information pertaining to Orient Hongtai's or Orient Investment's current ownership of the company's ordinary shares or ADSs. The company is not aware through public filings or other documents that Orient Hongtai or Orient Investment may beneficially own 5% or more of the company's ordinary shares. In addition, no members of the Board are affiliates of Orient Hongtai or Orient Investment.
08:32 EDTCMGEChina Mobile Games receives non-binding proposal to be acquired for $21.50/ADS
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