Archive for the ‘NASDAQ listed BVI Companies’ Category

« Older Entries
Newer Entries »

BVI-registered holding announced pricing of public offering of ADS

Tuesday, May 18th, 2010
British Virgin Islands-registered and China-based Kingtone Wirelessinfo Solution Holding Ltd. (http://finance.yahoo.com/q?s=KONE), a company developing wireless software and solutions for businesses and government agencies to more efficiently manage their operations, announced the pricing of its public offering of 4,000,000 American Depositary Shares (ADS), representing 4,000,000 ordinary shares of the company. The ADS are offered to the public at $4.00 per share.
The subscribers have a 30-day option to purchase up to an additional 600,000 shares from the company solely to cover over-allotments.
The closing of the public offering is expected to be on May 19, 2010. The BVI company expects to use net proceeds from the offering for product development, to expand research and development,  for customer relations management systems as well as for working capital purposes.
Roth Capital Partners, LLC (http://www.roth.com/) is the sole book-running manager and Maxim Group LLC (http://www.maximgrp.com/) is the co-manager for the public offering of the company.

British Virgin Islands-registered and China-based Kingtone Wirelessinfo Solution Holding Ltd., a company developing wireless software and solutions for businesses and government agencies to more efficiently manage their operations, announced the pricing of its public offering of 4,000,000 American Depositary Shares (ADS), representing 4,000,000 ordinary shares of the company. The ADS are offered to the public at $4.00 per share.

The subscribers have a 30-day option to purchase up to an additional 600,000 shares from the company solely to cover over-allotments.

The closing of the public offering is expected to be on May 19, 2010. The BVI company expects to use net proceeds from the offering for product development, to expand research and development,  for customer relations management systems as well as for working capital purposes.

Roth Capital Partners, LLC is the sole book-running manager and Maxim Group LLC is the co-manager for the public offering of the company.

Posted in BVI Holding Companies, BVI IBC Business News, Initial Public Offerings, NASDAQ listed BVI Companies | No Comments »

Play LA Inc. launches new French sports website

Tuesday, April 20th, 2010
The British Virgin Islands-registered internet advertising and publishing company Play LA Inc. (http://bvi-companies.blogspot.com/2009/11/play-la-inc.html) announced that it has started development of a new website in French that includes sports news. The new website will publish news, comments, player profiles, match odds, statistics and betting tips covering the most popular sports in France.
The CEO of Play LA (http://finance.yahoo.com/q?s=PLLAF.OB) David Hallonquist stated in his comments that this new development followed their strategy of moving into new markets that are regulating online gaming. Also, when launched, this newest development will increase the network total to twenty websites.
The announcement of the BVI company about the opening of the website followed the decision of France’s National Assembly in favor of legalizing online gambling. France expects to collect about €5 Billion a year of taxes from the gambling industry.

The British Virgin Islands-registered internet advertising and publishing company Play LA Inc. announced that it has started development of a new website in French that includes sports news. The new website will publish news, comments, player profiles, match odds, statistics and betting tips covering the most popular sports in France.

The CEO of Play LA David Hallonquist stated in his comments that this new development followed their strategy of moving into new markets that are regulating online gaming. Also, when launched, this newest development will increase the network total to twenty websites.

The announcement of the BVI company about the opening of the website followed the decision of France’s National Assembly in favor of legalizing online gambling. France expects to collect about €5 Billion a year of taxes from the gambling industry.

Posted in BVI IBC Business News, NASDAQ listed BVI Companies | No Comments »

Euro Tech Holdings Company Limited announced signing of engineering contract

Wednesday, April 7th, 2010
BVi-domiciled EuroTech Holdings Company Limited (http://bvi-companies.blogspot.com/2008/01/eurotech-holdings-company-limited.html) made an announcement that its wholly owned subsidiary, Shanghai Euro Tech Environmental Engineering Ltd, has recently been awarded a contract US$ 3.2 million worth from a petrochemical industrial park. The contract is for design, supply, installation and commissioning of industrila wastewater treatment system in Guangxi, China.
The Chairman and CEO of the BVI company Mr. T.C. Leung said in his comments that the company is on its way “to recover gradually from the global financial crisis which hit quite a number of companies badly in China in 2009,” and to sign more contracts in 2010.
We also believe that our hard work in 2009 has paved way for more contracts to be materialized in 2010 for our group of companies.”

BVi-domiciled EuroTech Holdings Company Limited made an announcement that its wholly owned subsidiary, Shanghai Euro Tech Environmental Engineering Ltd, has recently been awarded a contract US$ 3.2 million worth from a petrochemical industrial park. The contract is for design, supply, installation and commissioning of industrila wastewater treatment system in Guangxi, China.

The Chairman and CEO of the BVI company Mr. T.C. Leung said in his comments that the company is on its way “to recover gradually from the global financial crisis which hit quite a number of companies badly in China in 2009,” and is to sign more contracts in 2010.

We also believe that our hard work in 2009 has paved way for more contracts to be materialized in 2010 for our group of companies.”

Posted in BVI Company Contracts, NASDAQ listed BVI Companies | No Comments »

BVI-registered Pansoft Company Limited to become Vice Chairman of China Overseas Listed Corporations Association

Tuesday, March 23rd, 2010
British Virgin Islands-registered Pansoft Company Limited (http://bvi-companies.blogspot.com/2009/01/pansoft-company-limited.html), which is a leading software and professional services provider for the oil and gas industry in China, announced that it has co-founded the China Overseas Listed Corporations Association  and will serve as the Vice Chairman of this organization.
China Overseas Listed Corporations Association was established on March 7, 2010 with the following purposes: to promote and lobby for favorable policies for overseas listed corporations, to safeguard the rights of association members, to research and monitor capital markets activities, to co-operate with domestic and overseas institutions and professional service providers.

British Virgin Islands-registered Pansoft Company Limited, which is a leading software and professional services provider for the oil and gas industry in China, announced that it has co-founded the China Overseas Listed Corporations Association  and will serve as the Vice Chairman of this organization.

China Overseas Listed Corporations Association was established on March 7, 2010 with the following purposes: to promote and lobby for favorable policies for overseas listed corporations, to safeguard the rights of association members, to research and monitor capital markets activities, to co-operate with domestic and overseas institutions and professional service providers.

Posted in BVI Company Contracts, NASDAQ listed BVI Companies | No Comments »

« Older Entries
Newer Entries »