Jingtian & Gongcheng Advises TTG Mobile Coupon on its AUD 480 Million IPO and ASX Listing
Date:2012-11-27

November 27, 2012,TTG Mobile Coupon Services successfully listed on Sydney Australian Securities Exchange. The shares were priced at AUD 0.6 per share with the opening price AUD 0.75 per share and the market value AUD 480 million (approximately CNY 3.13 billion) in total.

 

TTG provides value-added services and in conjunction with UnionPay, has developed the first software that is able to link credit card-based transactions by all online and offline market participants including in store point of sale machines, on one cohesive transaction platform. It is reported that TTG is the first Chinese mobile internet company listed overseas and the first online to offline applications listed company.

 

Jingtian & Gongcheng acted as the issuer's lawyer in the listing.

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