One media intended to sell “Next Magazine” and other valuation of 500 million

One media (00282) announced, intended to sell businessmen Huang Hao “Next Magazine”, “suddenly 1 week”, “FACE”, “ME! “And” Next + One “Hong Kong and Taiwan business interests, valued at 500 million yuan, of which 320 million to pay to the media, and will inject 180 million yuan into the magazine business. Huang Hao has paid 10 million yuan in good faith, the terms of the transaction pending agreement to implement.

One media said it promised not to sell to other third parties before the end of the year. One media yesterday morning suspension, afternoon resumption of trading, up to nearly 6 percent, closing up 17.6%, turnover of 25 million yuan, the market value of about 1.06 billion yuan.