Friday, December 26, 2008

Tongxin International Ltd.

Industry: Consumer Goods and Services

Main business locations: China

Registered Office:
Kingston Chambers,
P.O. Box 173,
Road Town, Tortola,
British Virgin Islands

Incorporation date: June 20, 2005

Registered Agent:
Maples Finance BVI Limited

Listed on: NASDAQ
Ticker: TXIC

Financial highlights:
Market capitalization: 30.31 $M
Authorised shares: 39,000,000 ordinary shares
Revenue (ttm): 103.28 $M
EBITDA (ttm): 15.13 $M

About the BVI company:

Tongxin International Ltd (TXI), formerly Asia Automotive Acquisition Corporation, is an independent supplier of engineered vehicle body structures (EVBS) in China, providing products for both light, medium-sized, heavy-duty and vans. Also, TXI designs, fabricates and tests dies for stamping automotive body panels, and manufactures complete cab structures for commercial vehicles.

In April 2008, TXI announced its merger with Hunan Tongxin Enterprise Co. Ltd., pursuant to which Hunan Tongxin became a wholly owned subsidiary of TXI.

Monday, December 1, 2008

China Cablecom Holdings Ltd.

Industry: Telecommunications

Main business locations: China

Registered Office:
Tortola
British Virgin Islands

Incorporation year: 2006

Listed on: NASDAQ
Ticker: CABL

Financial highlights (31 Dec 2007):
Shares Outstanding: 9.3 mln
Warrants Outstanding: $10.5mln
Market Capitalization: $60 mln
Enterprise Value: $150 mln

About the BVI company:

China Cablecom Holdings Ltd. is consolidated cable network operator and acquirer in the highly populated Shandong province of the PRC. China Cablecom is entitled to a 60% economic interest of Binzhou Broadcast and Television Information Network Co., Ltd., an operating cable TV joint venture with a local state-owned enterprise.

China Cablecom Holdings currently operates 22 cable networks, with over 1.2 million paying subscribers. BVI company's strategy is to replicate the acquisitions by operating partnership models in other municipalities and provinces in the PRC, and then introducing operating efficiencies and increasing service offerings in the networks it operates.