EastBridge Investment Group, Inc. (OTCBB: EBIG), a provider of financial services to emerging public companies in Asia, with clients similar to companies like Chinacast Education Corporation (Nasdaq: CAST) and China Education Alliance, Inc. (NYSE: CEU), recently provided an update on clients Tsingda and Wonder Education.
EastBridge Investment Group (EBIG) (OTC.BB: EBIG) (Pinksheets: EBIG) today announced that both Tsingda and Wonder are moving forward with their plans to list on a United States stock exchange despite a higher level of scrutiny by the SEC and the stock exchanges of Chinese companies. EastBridge’s management expects both companies to be listed on a U.S. stock exchange in the near future.
Mr. Keith Wong, CEO of EastBridge, commented, “We continue to work with the management teams at both Tsingda and Wonder to prepare for listing in the United States in the near future. Both companies have improved their financials in 2010 versus the previous year and they understand becoming a listed company in the U.S. will provide the necessary capital to grow their businesses. Both companies continue to pursue this strategic goal aggressively but want to time their listing to maximize their shareholder values.”
To learn more about Tsingda, please visit their website: http://ir.eee114.com.cn
To learn more about Wonder, please visit their website: www.wondedu.com
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. 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. Join us on Facebook at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.
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