12 February 19
"Freedom Road Travel plans capital raise to expand China-focused business to US – CEO
Freedom Road Travel Group (FRTG), a Hong Kong-based China-focused digital travel business, is planning a USD 5m capital raise at the end of 2019 to expand into the US in 2020 via an acquisition, Chief Executive Officer, Chairman and founder David Keir, said.
FRTG provides inbound and outbound travel services to and from China, to both the destination management wholesale and the leisure retail markets. Its retail business currently services Australia and China, while its China-based wholesale business provides destination management services to global travel companies like Helloworld [ASX:HLO] and corporates like Ada, Michigan-based Amway, Keir said."
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