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Thomson Financial Business Description:
| The Group's principal activities are lottery business, provision of financial services including broking, securities margin financing, corporate finance and asset management, investment trading and holding and money lending. Operations are carried out in Hong Kong, British Virgin Islands and The People's Republic of China. On 13 April 2008, Huge Top Enterprises Inc., a wholly owned subsidiary of the Group entered into a share transfer agreement to acquire 44.496% and 45.504% respectively of the registered capital at an aggregate consideration of RMB80,600,000, which has to be satisfied in cash. In April 2008, the Company completed the transaction entered into with Giga Step Limited to acquire the entire interest in the share capital of Jertford Development Limited ("Jertford") and the shareholders' loans due from Jertford. |
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