Jagex Made A Statement That The Company Would Not Receive Any Interference From The Alteration To Its Actual Controller
Jagex's current owner, a Chinese firm called FuKong Interactive, has issued a regulatory statement to notify Chinese financial market several days ago that it's planning a major reorganization and considering sales of assets, with partial or full sale of Jagex as a potential option. Fukong Interactive is currently possessing 100% stake of Jagex, and the sole controller of Jagex for the last two years through buying out the former owner of Jagex, another Shanghai firm called Hongtou Holding in 2017. However, in 2018, the company has been haunted by tons of calamities: a batch of executives successively resigned under "personal reasons"; the company and its actual controller was in custody and currently under investigation of violating certain regulations by CSRC; the first half year of 2018 has gained a revenue of 55 million dollars, reduced by 9.7% on a year-to-year basis while causing 68 million dollars deficit, on the other hand, made a profit around 6.4 millio...