Beijing Dev buys Cyber Vantage NTAV lowered to $0.54

Beijing Development (Hong Kong) Limited (0154) announced that the consolidated net asset value of the company will increase to $374 million from $142 million subsequent to the company's acquisition in all of the equity interest of Cyber Vantage from the controlling shareholder Beijing Enterprises (0392) and the directors of the subsidiaries. The goodwill of about $132 million arising in the books of the company as a result of the acquisition of the Cyber Vantage

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