Reported about 1 year ago
Star Asia Vision, a subsidiary of Ta Ya Group, will debut on the OTC market on June 25 at 45 Yuan per share, focusing on the research and manufacturing of digital display and lighting systems. After spinning off from Ta Ya, Star Asia directs its efforts on these systems for outdoor advertising displays, venue lighting, and traffic information, with over a thousand successful cases globally. Anticipating growth in North American demand, Star Asia's orders for the next five months have increased, with a 15% revenue growth in the first five months. With a positive outlook on revenue reaching 800 million Yuan this year, the company aims for an earnings per share target of 3.5 Yuan. Ta Ya's Chairman, Guo-Guang Lee, envisions a group-wide development strategy with IPOs for all subsidiaries, with Star Asia leading the charge and poised for future success in expanding its global market presence in digital display and lighting systems.
Source: YAHOO