HHSE MERGER Partner CRIM: Samcorp Capital Subsidary (90.55%)
Crimson Forest Entertainment Group Inc. operates as an independent motion picture studio that finances, produces and acquires theatrical feature films and televisions series for worldwide distribution. The company is a subsidiary of Samcorp Capital Corporation.The company engages in the development, production and distribution of its film and television projects. As of February 28, 2015, the company’s first feature film, re-titled ‘Pali Road’, has completed principal photography and is in post-production. Pali Road is scheduled to be released before the end of the year. http://www.investing.businessweek.wallst.com/research/stocks/snapshot/snapshot_article.asp?ticker=CRIM What is a 'Subsidiary' A subsidiary is a company with voting stock that is more than 50% controlled by another company, usually referred to as the parent company or the holding company.
Anthony Lim is President of the $ Billion infused Samcorp Capital. Samcorp is a private equity company that invests in movies production from US $5 million to US $25 million among other interests. Two projects of Samcorp are Crimson Forest (90.55% owner) and the HHSE/CRIM Film "PALI ROAD".
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