Pathfinder intends to increase the Asiatravel equity increase layout online travel

Source: Internet
Author: User
China Securities Network (reporter Shang) pathfinder (300005, shares bar) February 20 evening Notice that the company February 19 and Asiatravel.com Holdings Ltd. ("Asiatravel") shareholders signed the "equity transfer contract", The company intends to buy Asiatravel 20 million shares of the company's own funds, subscription price of 0.2 new yuan/unit, a total of 4 million new yuan, the equivalent of about 19.24 million yuan, accounting for all of its issued shares of 7.07%. After the acquisition is completed, the Pathfinder will accumulate a total of 21.22% shares in the Asiatravel company and remain the largest shareholder in the company's sole shareholding. According to the briefing, Asiatravel company was founded in 1999, headquartered in Singapore, April 11, 2001 in the SGX Sesdaq listing, March 5, 2010 to the SGX-Kai Board listing. The company's operating entities are mainly distributed in 17 countries in the Asia-Pacific and the Middle East. The main business for the combination of online and offline air tickets booking, hotel reservations and attractions and other integrated travel management services, is a hotel, air tickets and tourist attractions confirmed in one of the triple online tourism platform. According to the bulletin, the 2013 Asiatravel Company for the global online tourism market fierce competition, put more marketing costs and system construction costs, so the overall still in the loss phase. But with the effective implementation of the company's marketing strategy, in the fourth quarter of 2013, it has begun to achieve year-on-year positive growth in revenue from the single quarter, which is expected to boost its profitability in 2014. Pathfinder said that the investment will further enhance the company's control of Asiatravel company and unified coordination of management capabilities, to promote the company to better absorb its experience in the operation of the Internet background control; meanwhile, Asiatravel The company will also become the Pathfinder to the Wizard of Oz to create a comprehensive outdoor travel service platform in Southeast Asia and other regions of the overseas characteristics of travel products provider, more effective to promote Pathfinder, Green, asiatravel three-party resource integration and complementarity and the user's shared mining, To promote the building of outdoor integrated travel service platform and the construction of outdoor travel service ecosystem.

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.