BIZCHINA / Biz Media Digest

IT: China.com trading suspended

Updated: 2006-03-20 16:56

At the request of China.com Inc trading in its shares in the Hong Kong bourse has been suspended with effect from 0630 GMT Monday pending the release of a formal announcement in respect of a discloseable transaction of the Company involving the issue of new shares as part of the consideration for the transaction. (Dow Jones Newswires)

Ingram Micro, world's largest technology distributor, is looking to buy 60 percent of the distribution business of Digital China Holdings Ltd for US$260 million. The talks were in the final stage of price discussion while an agreement was expected to be reached this month the earliest. (Sing Tao Daily News)