I never found a connection between James Choi/Geoffrey Kim and Media2U.
I doubt that Media2U knows anything about the contract - I never read a press release from them.
Media2U is a subsidiary of One Media Group Ltd. - and in their annual report they still list Media2U as part of their organization - there isn't anything about a bankruptcy.
Media2U is in the magazine advertising business - they aren't involved in beverage distribution.
From the One Media Group 2015 Annual report:
Media2U Company Limited
Hong Kong, limited liability company
Magazines - advertising and operation in Hong Kong