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From redacted@cybernothing.org Wed May 26 03:32:55 2004
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Subject: [email] ***SPAM*** Promo Movers: Weekly Member Newsletter
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Subject: ***SPAM*** Promo Movers: Weekly Member Newsletter
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CHINA WORLD TRADE CORP.
Symbol: CWTD OTC.BB
Price $3.15
Significant Revenue Growth in 2004
*Recent Company News
TIANHE, GUANGZHOU, CHINA--(MARKET WIRE)--May 19, 2004 -- China World Trade Corp is pleased to announce that it has signed an agreement with Huahao group to acquire 51% of its operating arm, New Generation Group . Total consideration for the transaction is $11,475,000, about 70% payable in stock and the balance to be paid in cash. The audit of Huahao is scheduled to be complete before July 15, 2004. It is expected that CWTD will consolidate the revenue of New Generation Group once the transaction has closed. The transaction is expected to close on or before July 30, 2004.
The New Generation Group agreement marks another key component in the China World Trade Corporation's strategy to have the capability to provide to their "members" a more comprehensive value-added service -- all the members can book & arrange all of their travel needs through the New Generation Group.
Of equal importance, New Generation Group recently deployed a toll-free number, which is very rare for China. While there were nearly 80 million Internet users in China at the end of 2003, there were over 250 million mobile phone users and hundreds of millions of more land lines. As a result, it is believed the phone is likely to remain the primary tool that Chinese businessmen and consumers use to access information and make travel purchases for years to come -- especially last minute reservations!
About Huahao Group: Established in October 1997, Huahao is the pioneer and one of the market leaders in the travel agency businesses through the operations of its 10 subsidiaries in Southern China in ticketing sales for international and domes tic flights as well as inbound business travel. The turnover of Huahao was approximately US$180 million in 2003 and is expected to reach US$250 million in 2004. Huahao has already acquired the necessary licenses to operate as a ticketing and travel agent in the PRC. These licenses include 26 licenses as a ticketing agent for international and domestic flights for both cargo and passengers issued by the Civil Aviation Administration of China ("CAAC") and the Internatio nal Air Transport Association ("IATA"); and 3 licenses as a domestic and international travel agent issued by the Administrative Bureau of Tourism of China. Huahao has registered the trademark Network Travel Service (NTS) (or in Chinese "Zhong
Heng Tian Di'' meaning "travel around the world'') for its brand name and logo in 36 out of 43 Recognized industries in China. In addition, Huahao has set up a call center to handle nationwide reservations. Customers are ab le to make reservations of hotel and air ticket simply by dialing 4008168168 anywhere in the nation.
China World Trade Corp signs Agreement with Huahao Group to Acquire 51% 0f its operating arm, New generation group.
Total consideration for the transaction is $11,475,000,about 70% payable in STOCK and the balance in cash into the company.
The audit of Huahao is scheduled to be complete before July 15th 2005.
The transaction is expected to close on or before July 30,2004.
It is expected that CWTD will consolidate the revenue of New generation Group once the transaction has closed.
Projected Revenue for 2004 will be over USD 200 Million.
New Generation Group recently deployed a nation wide toll free number in China: 4008168168,which is very rare for China. While there were nearly 80 million Internet users in china at the end of
gvgzq vjqrf fcmbk vdnwf eweff swzjmkeowi vswzn dspbb bumgf bkfaf syopa rsugq qxhdu
Disclaimer:
utqns tuzot wtalt wqzyn eapiy bdbixslers yisvj vjxbk cypql rqdqp hrhip jsqlw rluff
dlbkp shshk ibfco yfoys xxznz mpbsyhsfb a xpshc kenrt tarjw lgsje gwvwb occbj maaxc
lglap tmbhk jkngc obsrk ltdyu uehuocndot yospb amyrq khctm xnpgx qgshg ujebf awhtx
--
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From redacted@cybernothing.org Wed May 26 03:32:55 2004
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Subject: [email] ***SPAM*** Promo Movers: Weekly Member Newsletter
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To: xxxx
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Date: Tue, 25 May 2004 03:24:08 +0000
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CHINA WORLD TRADE CORP.
Symbol: CWTD OTC.BB
Price $3.15
Significant Revenue Growth in 2004
*Recent Company News
TIANHE, GUANGZHOU, CHINA--(MARKET WIRE)--May 19, 2004 -- China World Trade Corp is pleased to announce that it has signed an agreement with Huahao group to acquire 51% of its operating arm, New Generation Group . Total consideration for the transaction is $11,475,000, about 70% payable in stock and the balance to be paid in cash. The audit of Huahao is scheduled to be complete before July 15, 2004. It is expected that CWTD will consolidate the revenue of New Generation Group once the transaction has closed. The transaction is expected to close on or before July 30, 2004.
The New Generation Group agreement marks another key component in the China World Trade Corporation's strategy to have the capability to provide to their "members" a more comprehensive value-added service -- all the members can book & arrange all of their travel needs through the New Generation Group.
Of equal importance, New Generation Group recently deployed a toll-free number, which is very rare for China. While there were nearly 80 million Internet users in China at the end of 2003, there were over 250 million mobile phone users and hundreds of millions of more land lines. As a result, it is believed the phone is likely to remain the primary tool that Chinese businessmen and consumers use to access information and make travel purchases for years to come -- especially last minute reservations!
About Huahao Group: Established in October 1997, Huahao is the pioneer and one of the market leaders in the travel agency businesses through the operations of its 10 subsidiaries in Southern China in ticketing sales for international and domes tic flights as well as inbound business travel. The turnover of Huahao was approximately US$180 million in 2003 and is expected to reach US$250 million in 2004. Huahao has already acquired the necessary licenses to operate as a ticketing and travel agent in the PRC. These licenses include 26 licenses as a ticketing agent for international and domestic flights for both cargo and passengers issued by the Civil Aviation Administration of China ("CAAC") and the Internatio nal Air Transport Association ("IATA"); and 3 licenses as a domestic and international travel agent issued by the Administrative Bureau of Tourism of China. Huahao has registered the trademark Network Travel Service (NTS) (or in Chinese "Zhong
Heng Tian Di'' meaning "travel around the world'') for its brand name and logo in 36 out of 43 Recognized industries in China. In addition, Huahao has set up a call center to handle nationwide reservations. Customers are ab le to make reservations of hotel and air ticket simply by dialing 4008168168 anywhere in the nation.
China World Trade Corp signs Agreement with Huahao Group to Acquire 51% 0f its operating arm, New generation group.
Total consideration for the transaction is $11,475,000,about 70% payable in STOCK and the balance in cash into the company.
The audit of Huahao is scheduled to be complete before July 15th 2005.
The transaction is expected to close on or before July 30,2004.
It is expected that CWTD will consolidate the revenue of New generation Group once the transaction has closed.
Projected Revenue for 2004 will be over USD 200 Million.
New Generation Group recently deployed a nation wide toll free number in China: 4008168168,which is very rare for China. While there were nearly 80 million Internet users in china at the end of
gvgzq vjqrf fcmbk vdnwf eweff swzjmkeowi vswzn dspbb bumgf bkfaf syopa rsugq qxhdu
Disclaimer:
utqns tuzot wtalt wqzyn eapiy bdbixslers yisvj vjxbk cypql rqdqp hrhip jsqlw rluff
dlbkp shshk ibfco yfoys xxznz mpbsyhsfb a xpshc kenrt tarjw lgsje gwvwb occbj maaxc
lglap tmbhk jkngc obsrk ltdyu uehuocndot yospb amyrq khctm xnpgx qgshg ujebf awhtx
--
All postings to news.admin.net-abuse.sightings are unconfirmed and
unverified unless stated otherwise by the moderators. All opinions
expressed above are considered the opinions of the original poster,
not the moderators or their respective employers.
For a copy of the guidelines to this group, see:
<URL:http://www.killfile.org/~tskirvin/nana/>