Recent events
Recent events tied to this brand in public sources.
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2020
Fullink Education forecasts a 2019 annual loss
Fullink Education released a 2019 annual performance forecast projecting a net loss attributable to shareholders of RMB 730 million to RMB 735 million. The company said the projected loss was mainly due to preliminary impairment testing of acquired subsidiaries and an affiliated company, with impairment estimated at about RMB 645 million.
2019
All Best Education’s proposed acquisition of Hangzhou Bajiuling fell through
All Best Education’s proposed acquisition of Hangzhou Bajiuling fell through, according to the article headline.
2019
Quanjia Education acquisition of BajiuLing falls through
Quanjia Education's proposed acquisition of 96% of Hangzhou BajiuLing Culture and Creative Co., Ltd. fell through after six months.
2019
Allto Education terminates planned acquisition of Ba Jiuling
Allto Education announced that it was terminating its planned major asset restructuring involving the acquisition of a 96% stake in Ba Jiuling after the parties failed to reach final agreement on transaction pricing and performance commitments and compensation arrangements.
2019
Tongfang Global Education reports delay in proposed Bashijiu acquisition
Tongfang Global Education reported that progress on its proposed acquisition of 96% of Bashijiu was slower than expected. The parties had not agreed on transaction pricing and other details, and the transaction's ultimate outcome remained uncertain.