Search results for “cash injection”
UTour drops planned 2.6-billion-yuan takeover of HuaYuan
02/06/2017|9:47:42 AM|
Outbound tour operator UTour announced on February 2 that it has decided to pull the plug on the plan of fully acquiring HuaYuan travel agency for RMB 2.6 billion, “due to policy changes.”
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
UCAR on track to list in China within a year
12/22/2015|9:37:22 PM|
UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.
ChinaTravelNews Briefing: Brand plans, official statistics and capital moves
01/26/2018|11:24:18 AM|
Major brands like Priceline, Marriott, Muji and Ctrip made moves in different directions, and statistics helped paint pictures on China’s corporate travel, tourists’ behavior, and cash injections.
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015|9:56:55 AM|
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
HNA media subsidiary XF Media listed on the third board
04/24/2015|9:40:16 AM|
Hainan Airlines’ subsidiary Hainan Xinsheng Feixiang Culture Media Co is the first inflight media and inflight integrated sales company to list on the “third board”.
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