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It will provide the entire ticketing system for the Wenzhou Dolphin Bay Water Park, China’s largest water park
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- Written by Dow Jones Newswires
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London Galasys PLC, a provider of ticketing systems and solutions to the theme park industry in Asia, said Wednesday it has won 88.000 pounds ($149,000) theme-park IT outsourcing contract to provide software and hardware for the entire ticketing system to Wenzhou Dolphin Bay Water Park.
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Galasys PLC, a leading provider of ticketing systems and solutions to the fast growing theme park industry in Asia, is pleased to announce its first theme-park IT outsourcing (“TiTo”) contract (the “Contract”) since its admission to AIM pursuant to which Galasys will provide software and hardware for the entire ticketing systems to Wenzhou Dolphin Bay Water Park (“Wenzhou Water Park”).
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Galasys (LON:GLS) says it’s delighted to have won a £274,000 (2.9mln Yuan) theme park contract with Chinese conglomerate Dalian Wanda Group.
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After nearly 4 years of investment in Optimix, a leading digital marketing platform and solutions provider in Asia and having invested and advised Optimix from a pre-Series A round to the latest Series C, Netrove completely exits its position in Optimix as part of the Series C consolidation of shareholdings.
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- Written by 4inews UK
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Galasys has raised £3.1million, giving it a market capitalisation of £16.6million. This puts it on a valuation of just over 13-times post-tax profits. Listed on AIM a week ago, Galasys is a technology firm focused on Chinese theme park market. That might sound a bit niche. Yet Middle Kingdom is host to a number of magic kingdoms of rides and roller coasters that dwarf anything we have here in the UK.
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On May 12, Asia theme park ticketing specialist Galasys kicked off its life on London’s AIM Stock Exchange after raising £3.1m ($5.2m) through a placing.
Shares rose to 24.5p in early dealings, valuing the software group at just over £16m ($27m).
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Galasys, which recently listed on AIM, provides ticketing management systems and solutions to many of China’s big theme parks. And, as odd as it may sound, in centrally-controlled, communist China, tens of millions every year are now flocking to such parks as part of their overall lifestyle improvement. Editor Ian Lyall takes a much closer look at the potential of this new listing and looks at its journey up to this point. And, as odd as it may sound, in centrally-controlled, communist China, tens of millions every year are now flocking to theme parks as part of their overall lifestyle improvement.
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Recruitment services firm servoca jumped 2 1/4p to 14 1/4p after flagging half-year result well ahead of internal expectation.
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- Written by Thismoney.co.uk
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There was a ride for AIM debutant Galasys which provide ticketing systems to the fast-growing theme-park industry in Asia, with the share closing above the floatation price 22.5p at 24.5p