SHANGHAI P&C TRANSFERS STAKE TO 2 SUBORDINATES OF LUCENT CHINA
AsiaInfo Services, June, 2002
AsiaInfo Services 06-03-2002 Shanghai P&C Transfers Stake to 2 Subordinates of Lucent China CHINA, Jun 03, 2002 (AsiaPort via COMTEX) -- It was reported that Shanghai Posts & Telecommunications Equipment Co.,Ltd (Shanghai P&T) announced that it has signed an agreement with Lucent China, the exclusively invested subordinate of American Lucent Technolgies .
Shanghai P&Twould transfer the stake of the two subordinates of Lucent China held by Shanghai P&T to Lucent China. Shanghai P&T would transfer 50% of stake of Shanghai Lucent Technologies Transmission Equipment Co., Ltd and 11.25% of stake of Lucent Technologies of Shanghai, Ltd to Lucent China. The transfer price for Shanghai Lucent Technologies Transmission Equipment Co., Ltd was...
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