TONY FUN, INC.
We are a retail shopping mall operator in China that seeks to form a joint business and collaborative relationship with and amongst our tenants. Our strategy is to lease, redevelop, and manage well-located, retail shopping malls in Tier 2, Tier 3 and Tier 4 cities, with a primary emphasis on Tier 3 and 4 cites that generate attractive risk-adjusted returns. We renovate these commercial retail shopping malls that have generally been poorly managed, and redevelop and design them to enhance their architectural style and image through interior and exterior improvements. We then lease spaces in these properties to tenants.
We are redeveloping properties into innovative retail shopping malls that strategically rethink the types of stores to which consumers will respond. We believe that when consumers visit shopping centers and malls, they are looking for experiences that go well beyond traditional shopping. We focus our tenant mix to emphasize consumer experience. Our retail shopping malls focus on non-designer stores and independent specialty retailers.
(Note: Financial figures are for the year ended Dec. 31, 2019, according to the prospectus.)
|Address||555 Taishan Street, Tai’an City, Shandong Province People’s Republic of China 271000|
|Phone Number||(+86) 538 807 7188|
|View Prospectus:||TONY FUN, INC.|
|Revenues||$2.0 mil (last 12 months)|
|Net Income||$-2.7 mil (last 12 months)|
|Price range||$7.00 - $7.50|
|Est. $ Volume||$30.5 mil|
|Manager / Joint Managers||TBA|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|