We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Grand Grp | LSE:GIPO | London | Ordinary Share | KYG405631014 | ORD £0.00004 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
WUXI, China, Nov. 11, 2015 /PRNewswire/ -- Grand Group Investment PLC (stock code GIPO) is listed overseas to protect RMB hosting subscriptions for Shanghai and London through the realization of the foundation. This follows the Chinese government's national strategy on the internationalization of RMB.
Victory Media & Culture Co., Limited (Victory), which has been invested in by Grand Group Investment PLC is a digital multimedia learning courseware development provider. The courses cover the development of metallurgy, machinery, packaging and other areas. By the end of 2015 Victory will achieve a net profit of RMB 280 million.
Jin Xun Tong Technology Company (JXT) which has invested in both Grand Group Investment PLC and Victory is a digital learning platform, membership estimated at 300 million people by the end of 2015, JXT will achieve net profit of RMB 120 million.
Victory plans to acquire JXT, to combine into a national digital learning platform. Currently Victory is now actively preparing for their IPO in Korea, and then dual listing in the US by American Depository Receipt (ADR).
Internet companies and the education industry are well recognized on the Korean stock market. There are many listed companies related to these industries that enjoy the valuation premium. According to Korea Investment bank, they give Victory a valuation of about 20 times higher than their private equity.
After the completion of the IPO, Victory will issue ADRs as the second listing place in the United States to achieve dual listing. The NASDAQ peer group companies currently average at about 28 times higher than private equity values.
Grand Group Investment PLC will also implement the Korea and US dual listing. Grand Group Investment PLC will enhance corporation value and stock liquidity, to maximize shareholder value.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/new-investment-trends-of-grand-group-investment-plc-300176651.html
Copyright 2015 PR Newswire
1 Year Grand Grp Chart |
1 Month Grand Grp Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
