Searching for "000503.SZ"
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Beijing-based online game operator Globallink Computer Technology (Ourgame) has recently begun an official application for an A-shares IPO listing, after first announcing its intention to list in 2007. Read More
An industry source revealed today that Wu Guoliang, CEO of Chinese online game operator Ourgame, announced at the company's annual meeting that Ourgame had finished its management buyout (MBO) on December 8, buying back all the shares previously held by SeaRainbow Holding Corporation (000503.SZ) and Korean gaming company NHN, making Ourgame a wholly domestically owned enterprise once again. Read More
Korean gaming company NHN recently announced it will sell its 55% stake in Chinese online gaming company Ourgame to Beijing-based Wei De Wo Fu Investment Advisors for an unknown sum. Read More
Searainbow Holding (000503.SZ) announced today that it had signed a memorandum of intent with Beijing-based Wei De Wo Fu Investment Advisors to sell off its 50% stake in online gaming subsidiary Ourgame to Wei De Wo Fu or a third-party of its choosing, as well as its 35.3% stake in Ourgame Assets Ltd. (OAL) for a total USD 27.7 mln. Read More
Xie Wen, former CEO of Chinese online game developer and operator Ourgame, said the company is currently only worth USD 50 mln, and that its parent company Searainbow Holding (000503.SZ) is responsible for Ourgame's current situation. Read More
Chinese internet company Shanda Interactive (Nasdaq: SNDA) has reportedly acquired a 50% stake in online gaming company Ourgame, but has yet to choose an official announcement date and refuses to comment on the matter. Read More