SINA Corp. Shows New 9.05% Stake in TODOU HLDG SP ADS-B (TUDO)

August 29, 2011 11:50 AM EDT
In a 13D filing on TODOU HLDG SP ADS-B (NASDAQ: TUDO), SINA Corp. (Nasdaq: SINA) disclosed a 9.05%, or 10,270,280 share, stake in the company.

On August 17, 2011, SINA purchased 1,075,000 ADSs representing 4,300,000 Shares at a price of $31,175,000 in connection with the Issuer’s initial public offering.

Between August 17, 2011 and August 25, 2011 SINA purchased a total of 1,492,570 ADSs representing 5,970,280 Shares at an aggregate price of $35,231,859.

For more notable holders of TODOU HLDG SP ADS-B stock click here.


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