Bojun Education (01758.HK) announced the acquisition of 51 per cent shares in Sichuan Zhengzhuo Education Investment and Sichuan higher Education Investment at a total cost of 309 million yuan (the same below), of which 160 million yuan will be paid in cash, and the balance of about 149 million yuan will be paid through the issue of 214 million shares, accounting for 20.66% of the company's enlarged share capital, with an offering price of 0.85 yuan per share, a premium of 82.8 per cent over the closing price before the shares were suspended.

The stock continues to be suspended.