21 May 2015
Digital China US$ 102mn sell-down by SAIF Partners

SAIF Partners sold 60,000,000 shares of Digital China Holdings Ltd. (861.HK) in total, representing approx. 5.5% of the total issued shares of the company. The total deal size is 102 million USD. The final price of 13.20 HKD was representing 6.25% discount to closing price of May 19, 2015. CICC acted as Sole Placing Agent in the transaction.