Jinjiang 188bet best bookmaker gave up the bid for 50% of Shanghai China Travel Service: the acquisition time is not ripe

Author of this 188bet best bookmaker: Wang Qingbin 2019-01-25
188bet best bookmaker CTS’s performance in recent years has not been ideal,As of October 31, 2018,Achieved operating income 43454.140,000 yuan、Operating profit-19.210,000 yuan、Net profit 107.910,000 yuan。

Evening of January 24th,Shanghai Jinjiang International 188bet best bookmaker Co., Ltd. (hereinafter referred to as "Jinjiang 188bet best bookmaker") announced,The board of directors has decided not to participate in the bidding for 50% equity of Shanghai China Travel Service International Travel Service Co., Ltd. (hereinafter referred to as "Shanghai China Travel Service")。

December 27, 2018,China Travel Service Co., Ltd. (referred to as "China Travel Service") listed on the Shanghai Equity Exchange to transfer 50% of the equity of 188bet best bookmaker Service,The transfer price is about 8478.400,000 yuan。according to announcement,Shanghai CTS (Group) Co., Ltd. (hereinafter referred to as "Shanghai CTS Group") holds the other 50% equity of Shanghai CTS,And 188bet best bookmaker Service Group will not give up the right of first refusal for the time being。

Under the background that the original shareholders have not given up their preemptive rights,Evening of January 18th,Jinjiang 188bet best bookmaker Announcement,Proposed bidding to acquire the listed equity of Shanghai China Travel Service。

One week later,January 24,After further understanding and analysis,The 28th meeting of the 8th board of directors of Jinjiang 188bet best bookmaker believed that the time for acquisition was not mature,Decided not to participate in the bidding acquisition for the time being。

188bet best bookmaker CTS’s performance in recent years has not been ideal,As of October 31, 2018,Achieved operating income 43454.140,000 yuan、Operating profit-19.210,000 yuan、Net profit 107.910,000 yuan。

Official website information display,Shanghai CTS was restructured from the former Shanghai China Travel Service,Mainly engaged in inbound and outbound 188bet best bookmaker、Domestic travel、Business exhibition and incentive travel、Enterprise customer business travel management, etc.。

*Source of this 188bet best bookmaker: Beijing News,Author: Wang Qingbin,Original title: "Jinjiang 188bet best bookmaker gave up its bid for 50% of Shanghai China Travel Service》.

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