Neusoft Education Shares Released From Loan Pledge

MT Newswires Live

04/14

Neusoft Education Technology (HKG:9616) said its previously pledged shares were released and discharged, according to a Hong Kong bourse filing Tuesday.

The company's controlling shareholder, Dalian Neusoft, had pledged 127.5 million and 120 million shares of the company as collateral for a loan of 325.5 million yuan.

The shares represented 38.30% of the business.

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