Newspaper article China Post

HK Firm in Talks to Purchase 'Our Times' Maker

Newspaper article China Post

HK Firm in Talks to Purchase 'Our Times' Maker

Article excerpt

(ProQuest: [...] denotes non-USASCII text omitted)

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"([...]) 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 ([...]) 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. …

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