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B-Ray Media to Acquire 70% of Gamegoo

Securities Times, 10/25/12

Chengdu-based B-Ray Media Corporation (600880.SH) announced in a public filing today that it will issue 120 mln non-public shares, at a price of no less than RMB 9.09 per share, to raise a total (less issuance fees) of RMB 1.03 bln in funds in order to acquire a 70% share of Beijing-based online and browser game developer Gamegoo Information Technology (Manyougu). Read More