Registration open - SportAccord World Sport & Business Summit
18 Dec 2023 17:37
Beijing iRena Culture Co. Ltd is planning to purchase 64.6908 million worth in shares of Ourgame for a total of HK$120 million at HK$1.85 per share, through its subsidiary Glassy Mind Holdings Limited.
This move means iRena, who has already bought a 23.78 percent stake in Ourgame shares in November 2015, will now own 28.72 percent of the online card and leisure games developer, making iRena its largest shareholder.
According to Ourgame’s 2017 interim report, the online game operator has generated RMB 270 million in revenue during the first 6 months of this year.
iRena debuted on the National Equities Exchange and Quotations, also known as the New Third Board, in November 2015. The company is engaged in the promotion of sporting events, sports leisure, sports marketing and consulting services.
It is the long-term partner of Chinese national football team, Chinese women’s volleball team, the Chinese Basketball Association team Beijing Ducks, the Chinese Super League clubs Guangzhou Evergrande and Beijing Guoan.
Source: stock.jrj.com.cn
Proofread by William Logsdon
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
Absen to invest $ 4.5m in sports industry
10 May 2016
IRENA and 10 CSL teams to launch Sports Fans Festival
01 Mar 2016
Stellar Group founder to visit China
26 May 2016
CAA partners with iRena to expand into China
12 Jan 2016
Le Sports and YL E&S to start joint ticket venture
12 May 2016
More from Yutang Sports
SPORTACCORD 2024 INSIGHTS: Major Technology Trends Shaping Sports Sector
03 Jun 2024
SPORTACCORD 2024 INSIGHTS: Harnessing the Soft Power of Sport
13 May 2024
SportAccord 2024 makes a memorable return to Birmingham
13 Apr 2024
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
SportAccord Plenary Conference had fruitful talks about the soft power of sport
17 Apr 2024
Yutang Sports
loading...