Mobile Advanced Global Integrated Communicator : M.A.G.I.C. - We have secured the distribution rights for M.A.G.I.C. Convergent Device for the territory of China and Hong Kong. M.A.G.I.C. is the next generation convergent device that has the full capabilities of a notebook computer but shrunk down to the size of a PDA phone. In 2009, we have also entered into a joint venture with Advance Tech Communications Sdn. Bhd. ("ATC") to market and distribute the devices developed by ATC worldwide other than the countries already under distribution by the Company. We believe mobile executives will recognize the benefit of having notebook functionality in a handheld device combined with video and data capabilities.
CHINA MEDIA GROUP CORPORATION
Entry into a Material Definitive Agreement
On December 22, 2010, the Company's subsidiary company, China Integrated Media Corporation Limited, a public company incorporated in Australia ("CIMC"), entered into an arrangement to lease 400 advertising sign boards in Kuala Lumpur, Malaysia for a lease term of 6 years from World Class Media Sdn. Bhd. ("World Class") for a total consideration of AUD515,000, which shall be settled by the issuance of i) a AUD15,000 promissory note payable in 30 days, and ii) 2,500,000 shares in CIMC.
World Class, a Malaysia incorporated company, is engaged in the outdoor media business in Malaysia and has a 10,000 sign board concession in various schools granted by the Ministry of Education in Malaysia.
Acquisition of Touche
In November 2010, CIMC acquired a digital signage solutions company, Touche Adaptive Systems Pty. Limited ("Touche").....
In October 2010, we acquired 69% interests in China Integrated Media Corporation Limited ("CIMC"), a public company in Australia that operates in digital signage media and China's television media, having the rights to three TV channels on an IPTV platform. This acquisition will open up the television sector to the Group. In November 2010, CIMC acquired a digital signage solutions company, Touche Adaptive Systems Pty. Limited ("Touche") to utilize Touche's technology for other markets such as China and Malaysia. In conjunction with this acquisition, the Group reorganized its outdoor sign business by transferring our subsidiary company Premier Multimedia Sdn. Bhd. under CIMC thereby consolidating all the board business into the CIMC group. CIMC will then be able to develop and focus on the board business for the Group. We will also explore other markets in the Asia region for any synergistic business opportunities.
On September 20, 2010, China Media Group Corporation ("CMG"), Good World Investments Limited ("GWIL"), a wholly owned subsidiary of CMG, and Tidewell Limited ("Tidewell") entered into a Sale and Purchase Agreement ("SP Agreement") for GWIL to acquire 100% equity interest in Jademan International Limited ("Jademan"), an investment holding company incorporated in Hong Kong, from Tidewell for a total purchase consideration of US$250,000, of which US$50,000 shall be paid by the issuance of a 6% per annum interest bearing promissory note and the remaining balance of US$200,000 shall be paid by the issuance of 10,000,000 shares in CMG. This SP Agreement is subject to GWIL's satisfactory due diligence.
In accordance with the SP Agreement, Tidewell is also entitled to receive an additional 10,000,000 shares in CMG when Jademan's subsidiary, China Integrated Media Corporation Limited ("CIMC"), a public company incorporated in Australia, is successfully being approved for quotation on the Australian Stock Exchange or any other internationally recognized exchange within 9 months from the date of completion of the SP Agreement ("Completion Date"). In addition, Tidewell is entitled to performance shares calculated at 4 times the Jademan's consolidated annualised earnings before income tax for the first two years from the Completion Date less US$250,000 at a share issue price discounted at 18% of the then 15 days average closing price of CMG shares quoted.
Jademan's primary asset is its 69% interests in CIMC, which is in the business of digital signage media and provisioning of contents and content management for Internet Protocol Television (IPTV) in China.
Our subsidiary, China Integrated Media Corporation Limited........IPO in Australia in early 2011.
Australian IPO, CHMD will hold shares 69% of the shares.
China Integrated Media Corporation Limited ("CIMC"), a public company incorporated in Australia, is successfully being approved for quotation on the Australian Stock Exchange
In October 2010, we acquired 69% interests in China Integrated Media Corporation Limited ("CIMC"), a public company in Australia that operates in digital signage media and China's television media, having the rights to three TV channels on an IPTV platform. This acquisition will open up the television sector to the Group.
China Media Group Corporation Announces Acquiring AX Organic Limited for Distribution of Organic Farm Produce for Health Products
Hong Kong, CHINA - April 27, 2010 -- China Media Group Corporation (OTCBB Symbol: CHMD) ("CMG") announces today its wholly owned subsidiary, Good World Investments Limited ("GWIL") entered into a conditional Sale and Purchase Agreement ("SP Agreement") with Mr. KONG Sum Onn to acquire 50% controlling interests in AX Organic Limited ("AX") for an initial consideration of 10,000,000 shares in CMG and a performance share consideration based on profit derived by AX over a 2 year period after closing.
CHENG PHENG LOI . Mr. Loi was appointed as Director and Chief Executive Officer of the Company on May 22, 2009. Prior to his appointment, Mr. Loi was the founder and has been the Chief Executive Officer of Advance Tech Communications Sdn. Bhd. ("ATC") for the past five years. ATC, a company incorporated in Malaysia, is a premier Research & Development company in convergent mobile communication devices.
Insiders own over 50% of shares O/S. Notice that since March 2008 they have only issued 30 million new shares. 10 million were for AX Organic Acquisition, 10 million were for CIMC deal and the other 10 million were restricted shares they sold for .02 per share. Unreal job making all these deals and not issuing many new shares to get it done.
From most recent filing
The number of common equity shares outstanding as of October 30, 2010 was 554,132,450 shares of Common Stock, no par value.
As of March 31, 2010, there were 534,132,450 no par value common stock of the Company issued and outstanding.
As of March 23, 2009, there were 534,132,450 no par value common stock of the Company issued and outstanding.
As of March 28, 2008, there were 524,132,450 no par value common stock of the Company issued and outstanding.
IPTV DD: CIMC through a subsidiary company has obtained the rights to manage the operation and content provisioning for the "Education", "Sports" and "Home Shopping" on Pay TV Channels from the China Radio International ("CRI") IPTV Nationwide license.
The Company has entered into two agreements for exclusive program production right acquisition from Sichuan Jin Peng Jin Ding Media Limited and for program production service from Hunan Education Television Station...
1)Agreement with Sichuan Jin Peng Jiu Ding Media Limited ("JPJD") for the right to operate the content provisioning and advertising for the 3 television channels (Education, Home Shopping and Sports) and for the video on demand services on the existing JPJD IPTV Platform in Sichuan Province, China. JPJD has the exclusive rights to operate the IPTV operation in Sichuan province under the China Radio International IPTV license.
2)Agreement with Hunan Education Television Station ("HETV") to provide content and content production for the "Education" IPTV channel and also for the use of HETV's production, editing and studio facilities to produce our own content. HETV is one of China's leading education television stations in China with a library database of over 20,000 hours of programs where we are able to broadcast some of these content through its IPTV Education Channel.
M.A.G.I.C. is a video communicator that makes mobile video a reality and is a key enabler for our Mobile & IPTV strategies moving forward.
CHMD deal with United Nations & Chinese Government for 10,000 billboards.
Deal info: The Company acquired 100% of the issued and outstanding shares of Good World Investments Limited, which owns 50% of the registered capital of Beijing Ren Ren Health Culture Promotion Limited ("BRR"). [BRR is working with the Chinese Government on a benevolent project named "Great Wall of China Project" to advertise and promote health education and health awareness in China.
Beijing Ren Ren has a nationwide advertising license to undertake the program of promoting health education and health awareness under the United Nations Millennium Development Goals Program which has been named the Great Walls of China Project in China. Beijing Ren Ren obtains the rights to advertise in hospitals as well as the rights of three outdoor signs in every district in China.
Great Wall of China deal.....10,000 Billboards
China Population Millennium Development Goals Great Wall of China Project....to set up advertising display boards in hospitals and Family Planning Service Centers throughout China and set up large outdoor advertising billboards throughout cities in China.
China Family Planning Association has over 200 AIDS prevention centers. We will choose from 10 provinces and use the AIDS prevention centers in these provinces as initial test sites.
We aim at setting up 10,000 notices boards and outdoor advertising billboards throughout communities in all cities and provinces in China before 2015.
The Project will setup advertising notice boards in county hospitals and family planning service centers throughout China, and to erect large outdoor advertising billboards throughout cities in China.
CHMD All-in-one DD Posts 1-12
DD Post #1 CHMD acquires CIMC:
DD Post #2 CIMC Corporate Profile Screen Shot
DD Post #3, egaming.
DD Post #4: CHMD/CIMC Screen shot Corporate Highlights
including a brief list of deals and mergers
DD Post #5: Australian IPO:
DD Post #6: Merger with CIMC 8K
DD Post #7 Acquisition of Touche
DD Post #8: Touche Acquisition DD
DD Post #9: Last weeks deal for 400 Billboards
DD Post #10: IPTV TV deals & MAGIC
DD Post 11: MAGIC Launch this month screen shot
DD Post #12: Screen shot from CIMC Website