Successfully Acquired a Listed Company in Hong Kong!
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
4 comments:
Dear Ignious,
How do you do?
Congratulations on the aquisition and most of all your greatest efforts! I love much reading this blog and respectively informations and updates are so cool! I have strong confident that Emcom will strike a BIG while getting a foothold into China play the best strategy especially in China market.
Ignious, I have 2 questions to ask about the aquisition of China Photar. May I know Emcom aquired Photar at what market value? And when exactly date was the aquisition sucessfully announced?
In addtional, I would be so glad if to see the blog got rolling in with further updates, due I have missed it so much ever since last August 2007. :)
Wishing you best health, and greater success in every deals.
I can be reach at ethan_cumonin@yahoo.com
EmCom,
Congratulations to EmCom for the many successful ventures! And also the "Most Promising Enterprise Award"! You deserve it, and there should not be "second thoughts" on this by the awarding organisation.
Due to the elevated status of EmCom, it's high time this EmCom blog moves on from a free-of-charge blog to a paid-service blog. This is for professional image.
Don't you agree?
Your reply is appreciated: tanyewhock@gmail.com
How about giving us some updates on Em-Taichung and Em-Taipei?
Will Em-Taichung start collecting revenue in Feb 2008?
Are these projects going to be WiMAX+WiFi or merely WiFi?
Won't you wonder if somebody says he doesn't know what is a software company ? Am sure you will fall off from your chair. But believe me it is true. There still are people in third world countries who don’t know anything about Web Design, Ecommerce Solutions or internet. So those who are not really aware about these buzzing things, try to find out what is a tech-world of Internet.
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