500.com to acquire majority stake in Loto Interactive

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Cryptocurrency mining is an area that 500.com recently entered following the appointment of Xianfeng Yang, who previously oversaw Loto Interactive’s data centres, as its new chief executive earlier this month. 500.com then acquired a number of Bitcoin mining machines, worth around £10.7m, from unnamed US sellers. Tags: 500.com Loto Interactive The remaining interests in Ganzi Changhe will be acquired from two sellers for a total consideration of around CNY88.2m (£10.0m/€11.3m/$13.7m). Loto Interactive currently owns 51% of the equity interests in the business, and upon completion of the transactions will own 100% of its equity interests. Chinese lottery provider 500.com has entered into a share subscription agreement to acquire approximately 169m new shares of solutions business Loto Interactive, bringing its stake from 33.7% to around 54.2%. 29th January 2021 | By Conor Mulheir Email Address It also currently runs three major data centres, offering premises, hardware support, power supply, ancillary supervision and management to customers who partake in cryptocurrency mining. Loto Interactive and its subsidiaries’ business largely consists of data analysis and storage services and the distribution of mobile gaming, as well as money lending in Hong Kong.center_img At the same time as 500.com’s share subscription agreement, Loto Interactive has entered into an agreement to acquire the remaining equity interests in its indirectly held subsidiary, Ganzi Changhe Hydropower Consumption Service Co. Regions: China Hong Kong Topics: Strategy Tech & innovation M&A Subscribe to the iGaming newsletter The deal will see 500.com pay a total consideration of around HK$105m (£9.9m/€11.2m/$13.5m), while Loto Interactive is expected to become a subsidiary of 500.com after it is complete. M&A 500.com to acquire majority stake in Loto Interactivelast_img read more

KKR vs RCB LIVE Streaming for free in IPL 2021: Eoin Morgan…

first_img Cricket WTC Final LIVE: Muttiah Muralitharan voted ‘Greatest Men’s Test Bowler’ of 21st century KKR vs RCB LIVE Streaming for free in IPL 2021: Eoin Morgan vs Virat Kohli, how to watch LIVE stream for free on JIO, Vodafone-Idea and Airtel KKR vs RCB LIVE Streaming for free in IPL 2021: Eoin Morgan vs Virat Kohli, When, where, how to watch LIVE stream for free on JIO, Vodafone-Idea and Airtel- Kolkata Knight Riders need to turn things around as quickly as possible and on their way, they face Virat Kohli’s Royal Challengers Bangalore who have won five matches out of seven. KKR’s top-order failure is one key that needs to be sorted out when they take on RCB at the Narendra Modi Stadium. IPL 2021, KKR vs RCB : When, where, how to watch LIVE stream for free on JIO, Vodafone-Idea and Airtel Previous articlePokimane gives opinion on Twitch’s Hot-Tub Meta, says it is Twitch’s fault not the individualsNext articleKKR vs RCB Head-to-Head in IPL 2021: Eoin Morgan’s Kolkata Knight Riders vs Virat Kohli’s Royal Challengers Bangalore, Team records, stats and results Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. 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WTC Final Live- Ind vs NZ: Kyle Jamieson bags 5th five-wicket haul in 8th Test, rattles India in WTC final IND vs NZ Live Streaming for free with Jio, Airtel and Vodafone Idea, Check out the best Recharge Plan RELATED ARTICLESMORE FROM AUTHOR WTC Final Live: Virat Kohli continues century drought as Kyle Jamieson wins IPL team rivalry Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, Indialast_img read more

Enterprise Group Limited (EGL.gh) 2004 Annual Report

first_imgEnterprise Group Limited (EGL.gh) listed on the Ghana Stock Exchange under the Insurance sector has released it’s 2004 annual report.For more information about Enterprise Group Limited (EGL.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Enterprise Group Limited (EGL.gh) company page on AfricanFinancials.Document: Enterprise Group Limited (EGL.gh)  2004 annual report.Company ProfileEnterprise Group Limited is a leading financial services and insurance group in Ghana. The company operates in 6 segments; non-life assurance, life assurance, pension administration, real estate, funeral services and investments. Enterprise Group Limited offers an extensive portfolio of products and services ranging from funeral finance and family income protection to micro insurance, corporate risk, fidelity guarantee, cash-in-safe, home and personal assets protection and product liability insurance policies. Enterprise Group Limited also assists with pension fund management and real estate development and management. The company was founded in 1924 and its head office is in Accra, Ghana. Enterprise Group Limited is listed on the Ghana Stock Exchangelast_img read more

Taj Pamodzi Hotels Plc HY2004 Interim Report

first_imgTaj Pamodzi Hotels Plc (PMODZI.zm) listed on the Lusaka Securities Exchange under the Tourism sector has released it’s 2004 interim results for the half year.For more information about Taj Pamodzi Hotels Plc (PMODZI.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Taj Pamodzi Hotels Plc (PMODZI.zm) company page on AfricanFinancials.Document: Taj Pamodzi Hotels Plc (PMODZI.zm)  2004 interim results for the half year.Company ProfileTaj Pamodzi Hotel Plc is a leading hospitality company in Zambia, offering five-star accommodation and facilities for individual and business travellers. The company owns and operates Taj Pamodzi Hotel which is based in the central business district of Lusaka, and conveniently located to the international airport. The hotel boasts 193 luxury rooms, five meeting rooms and a selection of restaurants. The luxury hotel also has onsite a fully-equipped health and fitness centre with a heated swimming pool, a wellness and beauty spa, medical clinic, hair salon and florist. Taj Pamodzi Hotels Plc is a subsidiary of Tata Zambia Limited, an international automobile assembly and distributor company. Taj Pamodzi Hotel Plc is listed on the Lusaka Stock Exchangelast_img read more

Japaul & Maritime Services (JAPAUL.ng) 2007 Annual Report

first_imgJapaul Gold & Ventures PLC (JAPAUL.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2007 annual report.For more information about Japaul Gold & Ventures PLC (JAPAUL.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Japaul Gold & Ventures PLC (JAPAUL.ng) company page on AfricanFinancials.Document: Japaul Gold & Ventures PLC (JAPAUL.ng)  2007 annual report.Company ProfileJapaul Gold & Ventures PLC, formerly known as Japaul Oil & Maritime Services Plc is a mining and technology development business listed on the Nigerian Stock Exchange. The Company’s services include mining, dredging, offshore/vessel chartering and technology. Its mining service is engaged in solid mineral mining with interest in minerals, such as gold, tin, copper, lithium, lead, zinc and hard rock. The Company’s dredging business offers complete dredging solutions, such as reclamation, shore protection, stockpiling, breakwater construction, sweeping of access sites and slots and river crossing. The Company’s vessel chartering offers fleet of vessels, such as offshore support vessels (OSVs), anchor handling tug supply vessels (AHTS) and diving support vessels. It provides its services to the offshore oil and gas, and shipping industries. The Company’s technology services provide technology and enterprise solution services to support governmental, services and manufacturing industries.last_img read more

Uganda Clays Limited (UCL.ug) 2010 Annual Report

first_imgUganda Clays Limited (UCL.ug) listed on the Uganda Securities Exchange under the Building & Associated sector has released it’s 2010 annual report.For more information about Uganda Clays Limited (UCL.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Uganda Clays Limited (UCL.ug) company page on AfricanFinancials.Document: Uganda Clays Limited (UCL.ug)  2010 annual report.Company ProfileUganda Clays Limited manufactures and markets clay products for the building and construction industry in Uganda. Its product offering ranges from roofing tiles, bricks and floor tiles to decorative grilles, ventilators, pipes and suspended floor units and partition blocks. The company supplies the local building trade in Uganda and exports products to Kenya, Tanzania, Burundi, Rwanda, the DRC and South Sudan. Uganda Clays Limited was founded in 1950 and its head office is in Kampala, Uganda. Uganda Clays Limited is listed on the Uganda Securities Exchangelast_img read more

First Quantum Minerals HY2010 Interim Report

first_imgFirst Quantum Minerals (FQMZ.zm) listed on the Lusaka Securities Exchange under the Mining sector has released it’s 2010 interim results for the half year.For more information about First Quantum Minerals (FQMZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the First Quantum Minerals (FQMZ.zm) company page on AfricanFinancials.Document: First Quantum Minerals (FQMZ.zm)  2010 interim results for the half year.Company ProfileFirst Quantum Minerals Limited is an international holding company overseeing the extraction of copper, nickel, gold, zinc and acid through mining operations in Zambia, Australia, Finland, Turkey, Spain and Mauritania. The mining corporation operates six mines: Kansanshi copper-gold mine, Guelb Moghrein copper-gold mine, Las Cruces copper mine, Pyhasalmi copper-zinc mine, Ravensthorpe nickel-cobalt mine and Cayeli copper-zinc mine. Its subsidiary divisions have interests in evaluating and acquiring mineral properties, regulatory reporting, treasury and finance, corporate administration, and a metal marketing division. Copper is the main commodity mined by First Quantum Minerals in Zambia, and gold is a by-product commodity. First Quantum Minerals Limited is listed on the Lusaka Stock Exchangelast_img read more

British American Tobacco Zimbabwe Limited (BAT) HY2010 Interim Report

first_imgBritish American Tobacco Zimbabwe Limited (BAT.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2010 interim results for the half year.For more information about British American Tobacco Zimbabwe Limited (BAT.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the British American Tobacco Zimbabwe Limited (BAT.zw) company page on AfricanFinancials.Document: British American Tobacco Zimbabwe Limited (BAT.zw)  2010 interim results for the half year.Company ProfileBritish American Tobacco (BAT) Zimbabwe Holdings Limited manufactures, distributes and sells tobacco products for local consumption through a network of independent retailers and distributors. Zimbabwe is the 6th largest tobacco grower in the world and the largest in Africa. Three types of tobacco are grown in the country; Virginia flue-cured, burley and oriental tobacco. Over 95% of Zimbabwe’s tobacco is flue-cured; and more than half of its production is exported to China. The company has recently adopted a mutually-beneficial contract system which is reaping rich rewards; the entire crop is bought from the farmer at the end of the season in return for a supply of seed and fertilizer, and expert training by an agronomist on agricultural techniques. Its head office is in Harare, Zimbabwe. British American Tobacco is listed on the Zimbabwe Stock Exchangelast_img read more

P. O. L. I. C. Y Limited (POL.mu) 2011 Annual Report

first_imgP. O. L. I. C. Y Limited (POL.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2011 annual report.For more information about P. O. L. I. C. Y Limited (POL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the P. O. L. I. C. Y Limited (POL.mu) company page on AfricanFinancials.Document: P. O. L. I. C. Y Limited (POL.mu)  2011 annual report.Company ProfileP.O.L.I.C.Y Limited is an investment company that was established as a liability company. P.O.L.I.C.Y Limited is listed on the Stock Exchange of Mauritius.last_img read more

Julius Berger Nigeria Plc (JBERGE.ng) HY2011 Interim Report

first_imgJulius Berger Nigeria Plc (JBERGE.ng) listed on the Nigerian Stock Exchange under the Engineering sector has released it’s 2011 interim results for the half year.For more information about Julius Berger Nigeria Plc (JBERGE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Julius Berger Nigeria Plc (JBERGE.ng) company page on AfricanFinancials.Document: Julius Berger Nigeria Plc (JBERGE.ng)  2011 interim results for the half year.Company ProfileJulius Berger Nigeria Plc is a civil engineering and construction company in Nigeria. The company is involved in the planning, design and construction of major civil engineering and civil works which encompasses office and functional buildings, residential houses, sports and recreational facilities as well as infrastructure such as roads, bridges, railway lines, airports, dams and water supply schemes. Julius Berger Nigeria Plc has business interests in the plants and factories, oil and gas, marine, ports and shipping and power sectors. The company’s pioneer project was the construction of the Eko Bridge in Lagos in 1964. The company’s head office is in Abuja, Nigeria. Julius Berger Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more