EastBridge Investment Group Taking Chinese Real Estate Developer Public in U.S.
EastBridge Investment Group Taking Chinese Real Estate Developer Public in U.S.
Jul. 26, 2007 12:15 PM
PHOENIX, AZ -- (MARKET WIRE) -- 07/26/07 -- EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that it has signed a definitive agreement with GinKo,
a company in Anhui, China, to take it public in the U.S.
GinKo is a real estate developer and will be EastBridge's fourth Chinese
listing client so far this year. EastBridge will list the company on the
appropriate U.S. stock exchange as soon as possible. GinKo buys land and
builds commercial and residential high rise buildings for resale. The
company was formed in 2001 and currently has over 200 employees. GinKo's
after tax net profit is forecast to be in the $500,000-$1,000,000 range for
2007 and 2008. Their business is expected to grow rapidly with the Chinese
real estate market.
EastBridge divides its clients into three annual revenue categories:
Growth: one-ten million dollars; Market-Niche: ten-twenty million dollars;
Market-Leader: above twenty million dollars. GinKo's business size places
them in the Market-Niche category. Depending on the complexity and size
of each project, EastBridge is compensated with 10-25% stock ownership in
the client company for the listing services.
To learn more about EastBridge Investment Group go to our web site:
www.EbigCorp.com. To receive EBIG's email alert, send a blank email to
info@EbigCorp.com.
EastBridge Investment Group focuses on small to medium-size high-growth
companies in China and India offering IPOs, Joint Ventures and Merchant
Banking services. The Company targets industries in electronics, real
estate, auto, metal, energy, environmental, bio science and food retain
distribution.
The information in this news release includes certain forward-looking
statements that are based upon assumptions that in the future may prove not
to have been accurate and are subject to significant risks and
uncertainties, including statements to the future financial performance of
the Company. Although the Company believes that the expectations reflected
in its forward-looking statements are reasonable, it can give no assurance
that such expectation or any of its forward-looking statements will prove
to be correct. Factors that could cause results to differ include, but are
not limited to, successful performance of internal plans, fluctuations in
foreign currency exchange, the impact of competitive services and pricing,
or general economic risks and uncertainties.
.gif)
