The China Post
Date: February 9, 2017
By: The China Post news staff
TAIPEI, Taiwan — Hong Kong listed media holdings company HMV Digital China Group
has announced that it has signed a letter of intent to purchase all shares of a Taiwan-based media firm.
In the announcement, HMV Digital China Group did not identify the Taiwanese firm but indicated that it was an entertainment company focusing on investment and movie production. It added that the company was a major investor in the 2015 hit romantic comedy “Our Times”(我的少女時代) and owned the franchising rights to the movie.
The Hong Kong company did not reveal the possible value of the purchase.
HMV Digital China Group Chairman Shiu Stephen Junior (蕭定一) said in the announcement that the purchase was in line with the expansion of the company and would help HMV Digital China Group to further establish its position in movie production and distribution in the Asia-Pacific region. [FULL STORY]