![]() ![]() “For some companies it would be absolutely the worst time to float, but in other respects there are still retailers out there looking for a value stock,” said Treyo’s most senior Australian director, former gaming regulator Roger Smeed. Instead, it has chosen Australia, where the local market has lost “only” 45 percent of its value this year and where retail investors can still be persuaded to part with some of their cash - or at least that is what the company is banking on. Microsoft Mahjong might not reinvent the wheel when it comes to this ancient game but, the title manages to bring a few more than welcomed variations that spice up gameplay and motivate players to come back to play it on a daily basis. REUTERS/Mick TsikasĪs initial public offers evaporate in front of the bonfire that is global equity markets, a small Chinese firm that makes fancy mahjong tables is stepping, undaunted, toward the flames.īut Treyo Leisure and Entertainment Ltd has decided not to list in the home of mahjong, one of China’s most popular pastimes that some experts say dates back 3,000 years. China's Treyo Leisure and Entertainment Limited chairman Mao Ling poses for a photograph with an automatic mahjong table in Melbourne November 19, 2008.
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