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Grand Group Investment Ord 0.00004 Di

05:00 on 17/11/2017

Current Price 10.25p | Bid 9.50p | Ask 10.50p | Change 0.00%

Company Overview

Grand Group Investment plc was founded in 2014. The Company has been established for the purpose of identifying, acquiring and investing in small to medium-sized companies with high growth potential, principally operating in the People's Republic of China. Grand is a late stage incubator fund which focusses on investing in established businesses with technology or intellectual property which the Board believes will benefit from access to university research resources. Grand acquired a 33 per cent. stake in Wuxi Victory Media and Culture Co. Ltd. (Victory) for RMB 196 million. Grand holds this interest indirectly through a Variable Interest Entity (VIE) series of contracts. Victory produces training courses, training software, and training videos for basic blue collar jobs, primarily in the metal working sector in China. The market for these training and education videos is large in China, covering unskilled labour migrating from the countryside to urban areas. In its year ended 31 December 2013, the Victory group made profits after tax of RMB 55.8 million on revenues of RMB 102.2 million.

Stock Details

ISIN KYG405631014
Shares in Issue 33,952,631
Market cap £ 19.18m
Sector Financial Services

Financial Highlights Year Ended 31/12/2014

Turnover £0.00 million
Operating Profit £275.98 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio 0.00
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Price Summary

Mid Price ? 0.00p
Bid Price ? 9.50p
Ask Price ? 10.50p
Volume ? 0
Change Today 0.00p
% Change Today 0.00%
Open 0.00p
Previous Close 10.00p
Intraday High 0.00p
Intraday Low 0.00p
52 Week High 103.50p
52 Week Low 55.00p

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