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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.

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.

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.

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).

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.

Recruitment services firm servoca jumped 2 1/4p to 14 1/4p after flagging half-year result well ahead of internal expectation.

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

Asian theme park ticketing specialist Galasys (LON:GLS) has joined AIM with big international expansion plans on the minds of the management.

London’s junior market was chosen as the destination for the company’s stock given its international appeal, which fits with the company’s own plans of going global in the next three to five years.Galasys plans to invest the funds raised in new products, as well as a new revenue-sharing business model.

The new money will fund expansion into new markets and development of new products.


Asia theme park ticketing specialist Galasys(LON:GLS) kicked off its life on AIM today after raising £3.1mln through a placing at 22.5p.
Shares rose to 24.5p in early dealings, valuing the software group at just over £16mln.

ONDON (Alliance News) – Galasys PLC, which provides ticketing technology and management services to the amusement park industry in Asia, saw its shares rise in early trade Monday after its initial public offering on the AIM market in London. The company’s shares were trading at 24.50 pence in early dealings, after the company raised GBP3.1 million before expenses by placing nearly 13.9 million shares at 22.5 pence each in the IPO. The placing price gave it an initial market capitalisation of GBP14.97 million.

睿创 办事处

目前睿创在广州,香港和吉隆坡都设有事务所与办事处。

广州

408, Ruida Building, No. 39 Huangpu Avenue (West) Guangzhou, 510620 China
香港

701, 7/F, Tower 2, Silvercord, 30 Canton Road,Tsim Sha Tsui, Kowloon, Hong Kong
吉隆坡

B-3A-07, Plaza Mont’ Kiara, No. 2, Jalan Kiara, Mont’ Kiara 50480, Kuala Lumpur, Malaysia
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