CHINA ECOTOURISM GROUP LIMITED 4 January 2016
China Lotsynergy Holdings Limited (the "Company") is pleased to announce that the Cambodian Welfare Lottery instant scratch card logistics management and prize claim system provided by Ace Metro Limited (優城有限公司, "Ace Metro") ,a wholly owned subsidiary of the Company, to Khmer pool Welfare Lottery Co., Ltd ("Khmer Pool") has been successfully launched.
Khmer Pool is authorized and approved by the Government of Cambodia to develop nationwide welfare lottery business in Cambodia. In 2015, Ace Metro entered into a 10-year exclusive cooperation agreement with Khmer Pool, where the two parties agreed on comprehensive collaboration to develop Cambodia's welfare lottery business. The current businesses include providing handheld mobile reading equipment, QR code reading equipment, Central hardware management platform, construction of instant scratch card logistics management and prize claim system, as well as providing training services for the staff of Khmer Pool and points-of-sales with relevant technical support. The Company will receive revenue-sharing-based fees.
Khmer Pool currently distributes the nation's largest instant lottery products in Cambodia in terms of the scale and sales amount. The instant scratch card logistics management and prize claim system newly provided by the Company is currently the largest, most technologically advanced, and constructed to the highest standards in Cambodia. Ace Metro has partnered with Khmer Pool to develop this project since August 2015. The new system provides a suite of convenient services including point-of-sale top-up, prize claim, inventory management and inquiry. It also provides technical support for Khmer Pool's business expansion, while further improving the job responsibilities within Khmer Pool and strengthening the management of point-of-sale account funds, inventory, prize claim and logistics.
Management believes that the new market prospects in Cambodia would
4 January 2016
bring broad development opportunities for this project. The Group will join hands with Khmer Pool to contribute to Cambodia's national welfare initiatives and good causes, and will use its actions to build a corporate identity exemplar of the growing Chinese lottery industry.
China LotSynergy Holdings Ltd. issued this content on 2016-01-05 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-05 07:46:18 UTC
Original Document: http://www.chinalotsynergy.com/en/pdf/8c9874cabeb13e1685f027886a0c0778.pdf
