Focus Resources on the Development of Crazy Sports
Proposes a Name Change to Reflect its Leading Position in Internet Sports
HONG KONG, Dec. 8, 2020 /PRNewswire/ — V1 Group Limited, (“V1 Group” or the “Company“, together with its subsidiaries, the “Group“; stock code: 00082.HK) today announced a business restructuring plan which will make explicitly Crazy Sports as the principle business of the listed Company; the plan involves disposal of China Arab TV and the telemedia business and discontinuation of the e-commerce business Liangzi Port. As China’s leading sports lottery and entertainment platform, Crazy Sports will continue to thrive, amalgamates its online sports lottery paid knowledge, sports events information and offline retail…
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