[16012] in Public-Access_Computer_Systems_Forum
Speculations are shocking
daemon@ATHENA.MIT.EDU (Antonio Seay)
Fri Aug 12 05:42:02 2005
Message-ID: <006401c59f22$11894380$13179883@XXKMGNG>
From: "Antonio Seay" <P1trici1@tpnet.pl>
To: <pacs@mit.edu>
Date: Fri, 12 Aug 2005 04:43:35 -0600
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Inside Breaking News For Investors Released..
CHINA WORLD TRADE CORP IS ON THE RUN AGAIN.
Current Price : 2.31
CWTD***CWTD***CWTD***CWTD
Ready to Run
Is This One Ready to Explode Higher Move?
How Will it React To This News Being Released?
Good Luck and Successful Trading..
CWTD News is out, stock is going to rock, Company has already
facilitated the m0ney it need's to continue it's rapid growth
CURRENT PRICE 2.28
Projection 5 to 7 Days 4.50 - 5.00
Projection 8 to 12 Days 6.00 - 8.00
China World Trade Corporation Acquires Hotel Booking And Group Tour Travel Agency
Monday August, 8th 8:42 am ET
Company's Strategic Acquisition Further Positions Itself as a Leading Business Services Company in China
GUANGZHOU, China, Aug./Xinhua-PRNewswire/ -- China World Trade Corporation (OTC Bulletin Board: CWTD - News; ''CWTC'') announced today that its subsidiary Guangdong New Generation Commercial Management Co., Ltd (''New Generation''), entered into an agreement to acquire Guangdong Hao Shi Guang Travel Agency Limited (''Hao Shi Guang'') from Guangdong Rising Hotel Group Co., Ltd (''Guangdong Rising Group''). Under the agreement, New Generation will obtain a majority stake of up to 70% of Hao Shi Guang through a capital injection. The cooperation will also include a joint development of an interactive hotel booking system connecting Guangdong Rising Group hotel chains and integrating them into New Generation's current travel booking enterprise system which will further enhance its travel offerings to New Generation's customers.
''We are excited and confident that our cooperation with CWTC's travel subsidiary, New Generation will lead to future success in the continued development of our travel business in Southern China,'' said Mr. Bangfu He, President of Guangdong Rising Group, ''The Guangdong Rising Group runs a wide range of travel related services including hotel bookings, group travel services and ground transportation arrangements. This strategic acquisition will allow us to capture more of Southern China's travel market share by offering a broader range of services to our customers.''
!!!!!!!!!!!!!!We cant wait to see where this one goes.!!!!!!!!!!!!!!!!!!!!!!!!!
China World Trade Corporation (CWTC) has established its business in three distinct areas: the club and business centers throughout major cities in China, business travel-related services, and business value-added services. The Club and Business Center Division is devoted to the building of the World Trade brand throughout China via the opening and operating of business clubs in China's major, positioning the CWTC to act as a platform to facilitate trade between China and the world markets. The acquisition of CEO Clubs China Limited ("CEO Clubs") in May 2004 further complements CWTC's offerings by targeting high-level corporate executives from premier companies. The Business Traveling Services Division, New Generation, provides CWTC access to the rapidly growing travel-related industry. New Generation is a pioneer and market leader in the travel agency business through its strong network of ticketing sales operations throughout Southern China. The Business Value-Added Servic!
es Division focuses on value-added services of credit cards, merchant- related business services, as well as consultancy services to CWTC members and clients. Guangdong World Trade Link Information Services Limited ("WTC Link"), a subsidiary of CWTC, manages the Company's co-branded credit card project and is an active provider of CRM solutions and services in China.
CEO Clubs is one of our core platform designed to facilitate first-class services to corporate executives of medium and large sized companies. The Global Cooperation Forum is a strong alliance for our members to broaden their knowledge and relationships and further penetrate existing markets,'' commented, Mr. Chi Hung Tsang, Chairman and President of China World Trade Corporation. ''We believe the Global Cooperation Forum will provide us an excellent opportunity to enhance our corporate image and establish long-term relationships with various corporate leaders.''
As previously disclosed in its filings under the Securities Exchange Act of 1934, as amended, the Registrant, on May 7, 2004, acquired 51% of the outstanding capital stock of CEO Clubs China Limited, a Hong Kong corporation ("CEO Clubs China"), through one of its wholly-owned subsidiaries, for a total consideration of cash and shares of common stock of the Registrant amounting to US$480,000. CEO Clubs China is an authorized chapter to operate under the "CEO Clubs" trademarks in the Greater China region, including the Peoples' Republic of China, Hong Kong and Taiwan.
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