CDC Corp. (CHINA) and CEO Establish 10b5-1 Trading Plan
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CDC Corporation (NASDAQ: CHINA) today announced that the company's CEO, Peter Yip, has established a Rule 10b5-1 trading plan with respect to the repurchase, and purchase, of the company's common shares.
In addition, the minority shareholders of China.com Inc., a majority-owned subsidiary of CDC Corporation, did not approve the previously-announced proposal for China.com to acquire up to $10 million of CDC shares.
CDC Corporation provides enterprise software, online games, mobile services and applications, and Internet and media services.
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