EastBridge Investment Group Corp (OTC-BB: EBIG), a financial services company that provides Asian companies with access to U.S. capital markets, announced that its client Tsingda Education, which operates in the same industry as companies like Chinacast Education Corporation (Nasdaq: CAST) and China Education Alliance, Inc. (NYSE: CEU) in China, completed a $9.6 million capital raise.
EastBridge Investment Group Corp (EBIG) (OTC.BB: EBIG) today announced that its client, Tsingda Education, through its parent holding entity, Compass Acquisition Corporation, completed a $9.6 million capital raise.
The transaction can be found by viewing the following link:
To learn more about Tsingda, please visit their website: http://ir.eee114.com.cn
Mr. Hui Zhang, CEO of Tsingda, stated, “We are very thankful for EastBridge’s professional assistance in this important funding. We now have the added resources to execute our business plan for 2011 and beyond.”
EastBridge provides various consulting services for its clients. In exchange, EastBridge generally receives compensation consisting of stock and cash dependent on the nature of services provided.
EastBridge focuses on high-growth companies in Asia, offering a range of service, including IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com.
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