Successfully Acquired Listed Company
Friday, August 31, 2007
Finally!!
Finally, after months of paperwork and anxieties, we are happy to announce that Emcom has successfully acquired a listed company, China Photar, in Hong Kong!
The recent acquisition of China Photar, a Hong Kong GEM listed company, is a huge step towards our goal to become a BILLION dollar company by 2010. Principal Business activities of China Photar include development, design and sale of consumer electronics, especially DVD players, fax machines, mobile phones, and Home Theatre Systems. Together with its 10,000 distribution points throughout China, the acquisition of China Photar would give our company a solid foothold into the huge China market. As part of our plans to improve the consumer electronics business of
China Photar, a series of plans expand the consumer electronics business is already in the works, and we would be working closely with many of our partners in the South-East Asian markets to quickly increase our trading activities in the region.
Getting a foothold into China has been a key part of our corporate strategy since we first set up our company, as China is too large a market to simply ignore With more than 1.3 billion people in China, the huge Chinese economy has been growing at a ferocious pace over the past ten years, and having recently overtaken Germany and Japan to become the world’s second largest economy. Looking ahead, while there are certainly issues that China has to cope with in its drive towards economic growth, there looks to be no stopping this massive behemoth in its drive towards modernization. For Emcom, we plan to increase our presence in the Chinese market, and we hope to announce more exciting news in the near future to our stakeholders on our company’s future developments in China.
Once again, thank you for all the support that we have received so far from our partners and clients. We could not have done it without you!
Seize the day!
Rgds,
Ignious Yong
Managing Director
Empire Communications Technology Pte Ltd
Source : http://emcombeyond.blogspot.com/2007/08/successfully-acquired-listed-company-in.html
Finally, after months of paperwork and anxieties, we are happy to announce that Emcom has successfully acquired a listed company, China Photar, in Hong Kong!
The recent acquisition of China Photar, a Hong Kong GEM listed company, is a huge step towards our goal to become a BILLION dollar company by 2010. Principal Business activities of China Photar include development, design and sale of consumer electronics, especially DVD players, fax machines, mobile phones, and Home Theatre Systems. Together with its 10,000 distribution points throughout China, the acquisition of China Photar would give our company a solid foothold into the huge China market. As part of our plans to improve the consumer electronics business of
China Photar, a series of plans expand the consumer electronics business is already in the works, and we would be working closely with many of our partners in the South-East Asian markets to quickly increase our trading activities in the region.
Getting a foothold into China has been a key part of our corporate strategy since we first set up our company, as China is too large a market to simply ignore With more than 1.3 billion people in China, the huge Chinese economy has been growing at a ferocious pace over the past ten years, and having recently overtaken Germany and Japan to become the world’s second largest economy. Looking ahead, while there are certainly issues that China has to cope with in its drive towards economic growth, there looks to be no stopping this massive behemoth in its drive towards modernization. For Emcom, we plan to increase our presence in the Chinese market, and we hope to announce more exciting news in the near future to our stakeholders on our company’s future developments in China.
Once again, thank you for all the support that we have received so far from our partners and clients. We could not have done it without you!
Seize the day!
Rgds,
Ignious Yong
Managing Director
Empire Communications Technology Pte Ltd
Source : http://emcombeyond.blogspot.com/2007/08/successfully-acquired-listed-company-in.html
