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Replies to post #12978 on Big Tree Group Inc (BIGG)
geodon99
03/01/18 10:29 AM
#12981 RE: tchalla #12978
nonewname1
03/01/18 10:55 AM
#12982 RE: tchalla #12978
After the acquisition of BT Brunei, we are in the business of toys sourcing, distribution and contractual manufacturing targeting international and domestic distributors and customers in the toys industry.
BT Brunei and its subsidiary, Shantou Big Tree Toys Co., Ltd., a Chinese company (“BT Shantou”), are now our wholly-owned subsidiaries.
After completing the acquisition of Big Tree Brunei, Mr. Wei Lin, the founder and Chairman of Big Tree Shantou, was appointed as a member of Transax International's Board of Directors and its Chief Executive Officer. Mr. Stephen Walters resigned his position with Transax International as Chief Executive Officer and Director on December 30, 2011, along with Laurie Bewes, who resigned as a director. For the first nine months of 2011, Big Tree Shantou generated consolidated revenue of $17.1 million, largely through export sales, with net income of approximately $1.2 million. Management plans to grow its distribution business through the opening of additional sales offices both domestically and abroad to target markets in North and South America.
otchype
03/04/18 9:35 AM
#13061 RE: tchalla #12978