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AugustaFriends

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AugustaFriends

Re: frenchee post# 13

Tuesday, 08/14/2012 6:49:31 PM

Tuesday, August 14, 2012 6:49:31 PM

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COGO is buying : CEO proposal to purchase, for between $60 million to $82 million, certain entities that account for approximately 30% of Cogo’s assets, liabilities and revenue. Cogo’s Audit Committee, comprising our Independent Board Members, will oversee the entire process and we expect to close the transaction towards the end of the second quarter of 2012.

http://seekingalpha.com/article/437831-cogo-group-s-ceo-discusses-q4-2011-results-earnings-call-transcript?page=1



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