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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report

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TTG Mobile Coupon Services Ltd Announces Agreement To Invest In Intelligence Preferential Pay

Monday, 15 Jul 2013 11:26pm EDT 

TTG Mobile Coupon Services Ltd announced that it has signed an agreement to invest RMB5 million to become a major shareholder in Shenzhen Intelligence Preferential Pay Co., Ltd (IPP). IPP provides technical clearing service to Shenzhen Financial Electronic Settlement Centre (Shenzhen Settlement) in its RMB clearing service. It cooperates with Shenzhen UnionPay Financial Network in 'preferential clearing service' to commercial banks in China. This investment is in addition to the cooperation with IPP as announced on June 7, 2013, whereby TTG, together with IPP, provides the following services: (i) financial electronic authentication; (ii) merchants resources expansion and management; and (iii) data mining and consumption behavior analysis. 

Company Quote

0.155 +70.45%
21 May 2015