|China Sports Development Ltd
The Company was incorporated on 23 December 2011 and was established to make strategic investments or acquisitions in businesses involved in the promotion of sports and sports related projects in the People's Republic of China ("PRC").
The Directors collectively have considerable experience in investing, structuring and executing deals in this sector as well as raising funds.
The Directors will use this experience and access to potential deal flow to identify and investigate investment opportunities and/or negotiate acquisitions.
Wherever necessary, the Company will engage suitably qualified technical personnel to carry out specialist due diligence prior to making an acquisition or investment.
The Company has raised approximately GBP395,900 (before expenses) to fund the review of, and due diligence on, potential acquisitions or investments, to provide working capital and, if sufficient, to fund acquisitions or investments.
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