Related News
Wasu Media share price grows six times
By Ding Yining |
October 19, 2012, Friday
|
Online Edition
Online Edition
WASU Media Holding Co saw its share price hiking more than six times after it resumed trading following the completion of a backdoor listing this August.
The stock closed at 14.42 yuan (US$2.29) on the Shenzhen Stock Exchange today, more than six times the offering price of its private placement.
Zhejiang Genuine Unicom New Material Group Co Ltd, the shell company, reported net losses for three years from 2003 to 2005. It went through a major stock restructuring, ending with Wasu Media Holding as the controlling shareholder through private placement in August.
The restructuring plan was approved by the securities watchdog in June and the private placement set the offering price at 2 yuan per share.
Wasu operates digital television network in Hangzhou, capital of Zhejiang Province and also offers value-added services based on smart TV sets in other parts of the country by collaborating with partners like online shopping site Taobao.com.
In the first half of this year, its revenue reached 689 million yuan and profit was 80.5 million yuan.
The stock closed at 14.42 yuan (US$2.29) on the Shenzhen Stock Exchange today, more than six times the offering price of its private placement.
Zhejiang Genuine Unicom New Material Group Co Ltd, the shell company, reported net losses for three years from 2003 to 2005. It went through a major stock restructuring, ending with Wasu Media Holding as the controlling shareholder through private placement in August.
The restructuring plan was approved by the securities watchdog in June and the private placement set the offering price at 2 yuan per share.
Wasu operates digital television network in Hangzhou, capital of Zhejiang Province and also offers value-added services based on smart TV sets in other parts of the country by collaborating with partners like online shopping site Taobao.com.
In the first half of this year, its revenue reached 689 million yuan and profit was 80.5 million yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
