Senior financial analysts from Tochigi Ontario Holdings have commented on Focus Media making a strong comeback following a listing in China after getting removed from the US stock exchange listings two years back. "Focus Media's removal from US listings was caused by a significant leveraged buyout, the biggest one seen in the country so far. However, the company is back on track to sell shares in China's top share market, courtesy of the firm's decision to undertake a reverse merger," commented Michael Walker, Director of Corporate Equities at Tochigi Ontario Holdings. Following the footsteps of Focus Media, many other Chinese firms were seen queuing up for a relisting. These companies were a part of US listings as well but had to be taken private. Focus Media was established in the year 2003 in Shanghai. In 2005, it came out as a public limited company announcing a hefty $172 million for initial public offerings—this the largest from the si...
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