Search Results

Searching for "backdoor listing"
Found 181 result(s)

Showing 10 article(s). 171 more available to premium subscribers.

Century Huatong to Complete Acquisition of Shanda Games

Century Huatong, 6/12/18

Zhejiang-based online game operator and plastic parts and molds maker Century Huatong Group (002602.SZ) disclosed today the signing of a letter of intent with Shanghai Yaoquru Network Technology that will realize the long-awaited return to China's A-shares market of online game developer and operator Shanda Games. Read More

Qihoo 360 to Backdoor List in China at RMB 50 Bln Valuation

SJEC, 11/03/17

Chinese internet services and security software provider Qihoo 360 will complete a backdoor A-shares listing in China through Jiangnan-based SJEC Corporation (601313.SH), at a valuation of RMB 50.416 bln, according to a restructuring plan released recently by SJEC. Read More

New Century Cruise to Acquire Social and Mobile Games Business Playtika

New Century Cruise, 9/28/16

Chongqing-based cruise ship operator New Century Cruise (002558.SZ), the shell company of online game developer and operator Giant Interactive, has announced a plan to acquire all of the class A shares of Alpha Frontier, the parent company of leisure and social gaming company Playtika Holding Corp., through a combination of privately issued stock and cash. Read More

Rumor: Qihoo 360 to Spin Off Businesses for Future IPO in China

Sohu IT, 8/03/16

Having completed its privatization, Chinese internet services and security software provider Qihoo 360 is reportedly actively restructuring in preparation for a domestic backdoor listing, with plans to spin off its finance, desktop, mobile, and health businesses, according to a number of industry investors. Read More

Lakala to Backdoor List on Shanghai Exchange via 'Tibet Tourism' Shell

Tencent Tech, 2/05/16

Tibet Tourism (600749.SH) has announced a plan to wholly-acquire Beijing-based e-payment service provider Lakala through issuance of stock and cash payments to the 46 individuals and companies who currently hold equity. Read More

Gaming Firm Giant to Backdoor List through New Century Cruise

New Century Cruise, 10/31/15

Chongqing-based cruise ships and travel agency operator New Century Cruise (002558.SZ) recently announced plans to spend RMB 13.1 bln to acquire 100% of equity shares of online game developer and operator Giant Interactive Group. Read More

Update: H&R Century Cancels Backdoor Listing Agreement

Taiya, 9/11/14

Plans for Beijing-based film and TV show producer and investor H&R Century to backdoor list on the Shenzhen Stock Exchange through shoe manufacturer Taiya Shoes (002517.SZ) have been halted, according to a Taiya announcement. Read More

Hairun Movies & TV Plans Backdoor Listing

Tencent Finance, 5/08/14

Beijing-based film and TV production and distribution company Hairun Movies & TV Production yesterday announced that the company is planning a backdoor listing on the Shanghai Stock Exchange, with preparatory work for the listing already underway. Read More

Uuzu to Invest RMB 2 Bln on Game Licensing and Promotion

DoNews, 3/27/14

Shanghai-based game developer and operator Uuzu Information Technology recently announced the company's "U+" strategy, by which Uuzu will invest RMB 2 bln over the next 3 years on recruitment, joint product development, licensed game publishing, and increased product marketing to help ensure that the company's games reach their revenue targets. Read More

CSRC Conditionally Approves 4 Gaming Company Acquisitions

Sfw.cn, 2/27/14

The China Securities Regulatory Commission (CSRC) recently announced conditional approval of gaming company-related acquisition plans from four companies, including mobile game developer Ourpalm (300315.SZ), Fuzhou-based umbrella manufacturer Susino (002174.SZ), Chinese telecom equipment manufacturer Datang Telecom (600198.SH), and Guangdong-based animation company Alpha Animation and Culture (002292.SZ). Read More