Home / Knowledge / News / Apparel/Garments / American Smooth acquires Ailibao brand
American Smooth acquires Ailibao brand
25
Jan '11
American Smoothwave Ventures Inc announced the acquisition of Ailibao International Investment Limited, a British Virgin Islands company. Through its PRC subsidiaries and controlled companies, Ailibao International Investment Limited designs and produces “Ailibao” branded sport shoes and apparel, which are currently sold in 20 provinces in China.

To complete the acquisition, American Smoothwave issued a total of 317,409,000 shares of common stock to the former shareholders of Ailibao International Investment Limited, as well as 6,826,000 shares of common stock to an introducing party, together totaling 95% of the issued and outstanding shares of the Company on a fully diluted basis immediately after the closing.

Whitehall Montague & Company was established in 1980 as a financial services company. The company's early focus was on arranging debt and equity transactions between US businesses and foreign banks. In the early 90's, Whitehall expanded its services to include cross border securities transactions, including reverse mergers.

Whitehall Montague & Company

Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search