InvestorsHub Logo
Followers 532
Posts 31795
Boards Moderated 2
Alias Born 09/23/2010

Re: None

Wednesday, 08/03/2016 10:38:01 AM

Wednesday, August 03, 2016 10:38:01 AM

Post# of 15281
GMEV China 3D digital spent 18M HKD for two subsidiaries of GMEV on 08/01/2016; News pending


08/01/2016 China 3D Digital (08078) issued a public notice, Ltd. subsidiary to create a project intended to consideration of HK $ 18 million (in the same below) to Fugu Enterprises Inc and Kwong Yin Jun Limited 51% stake acquisition of Celestial Talent International.
https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.zhitongcaijing.com%2Fcontent%2Fdetail%2F13319.html&edit-text=

China 3D Digital (08078) Market Cap $4B HKD
https://www.google.com/finance?q=HKG%3A8078&ei=AiehV5HiI4WPigKY7qjoB

Detail of the filing is here
http://iis.aastocks.com/20160731/002575085-0.PDF

To give you some background:
Mr. Kwong is the CEO/owner of GMEV
Celestial Talent International is a subsidiary of GMEV!!!!!!!!!!!



As of December 31, 2014, the Company owned 13 subsidiaries through SCGL. These include GME Holdings Limited (GMEH), GME Holdings Limited (GMEH), GMEC Ventures Limited (GMEV), 3A Pictures Limited (3A), GME Distribution Workshop Limited (GMED)
Celestial Talent International Limited (Celestial), Platinum China Enterprises Limited (Platinum), GME London
Access Max International Limited (Access Max), MY GME, GME Casting, iScout Models Limited (iScout), GMECM Limited (GMECM), GME Paragon Limited (GME Paragon), among others.

http://www.reuters.com/finance/stocks/companyProfile?symbol=GMEV.PK



GMEV 13 subsidiaries: The highlighted ones are the one about to be sold


1. GME Holdings Limited (GMEH) operates an artist management and event management business in Hong Kong. 55% interest sold to china 3d Entertainment in a share exchange in May 2015.
2. GMEC Ventures Limited (GMEV) and 3A Pictures Limited (3A) were incorporated in Hong Kong to hold future investment.
3. GME Distribution Workshop Limited (GMED) was incorporated in Hong Kong to manage the movie-related businesses
4. Celestial Talent International Limited (Celestial) was incorporated in BVI to hold the fellow subsidiaries incorporated in 2014.
5. Platinum China Enterprises Limited (Platinum) was incorporated in BVI to hold 100% equity interest of GME London Limited (GME London).
6. Access Max International Limited (Access Max) was incorporated to hold 100% equity interest of MY GME Sdn. Bhd. (MY GME) and GME Casting Studio Limited (GME Casting). Company owns 51% equity interest of GME Casting through Access Max.

7. iScout Models Limited (iScout), GMECM Limited (GMECM)
8. GME Paragon Limited (GME Paragon) was incorporated in Hong Kong to operate the artist management in China.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.