iDreamSky Technology Announces Private Placement with Participation from Strategic Shareholders and Management

Reuters
Sep 30
<a href="https://laohu8.com/S/01119">iDreamSky</a> Technology Announces Private Placement with Participation from Strategic Shareholders and Management

iDreamSky Technology Holdings Ltd. has announced the issuance of new shares under a general mandate through a private placement. According to the company, a total of six subscribers-including both strategic shareholders and members of management-participated in the share subscription. The move is intended to support the company's strategic development. The board of iDreamSky Technology Holdings Ltd. is chaired by Mr. Chen Xiangyu, with a mix of executive, non-executive, and independent non-executive directors.

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