Mongolia Investment to Buy Control of Mapper for HK$1.5 Billion - Bloomberg: "Mongolia Investment Group Ltd. (402), a water-services and mining company, said it will buy effective control of a Chinese digital-mapping provider for HK$1.5 billion ($193 million) more than a year after first announcing the deal.
The company will fund the transaction with HK$600 million in cash, raised through the private sale of 2.4 billion new shares at 25 Hong Kong cents each, according to Mongolia Investment’s statement to the Hong Kong stock exchange yesterday. It will also issue HK$900 million of zero-coupon five-year convertible notes with a conversion price of 25 H.K. cents a share."
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