To open the mainland market the GEM board, among all the stars coming out Huayi Brothers list of shareholders attract our attention. In Hong Kong GEM, "winner" while Stephen Chow will no doubt become the most dazzling star of shareholders.
February 23, Hong Kong GEM listed company Imperial Riverside (08220, HK) in a paper bulletin, the "hidden" behind the company's major shareholder Stephen Chow a few months into the foreground. Stephen Chow will serve as executive director of the company post, and the "Yangtze River VII" Intellectual Property Rights and other important assets will be injected into Tai Tung International, the same time, the International will be renamed teitsu to "compete against Group Limited." Under the leadership of the Stephen Chow, Hong Kong stocks teitsu international only in the GEM's "coin sub-unit" will become a main film and cartoon industry, and move into the online entertainment business, diversified company.
EMPEROR Riverside or the largest shareholder of
Tai Tung International February 23 morning announced that it would hire Stephen Chow, executive director of the Company for a term of five years. As a service price, the Company will be Stephen Chow, the Hong Kong dollar price per share of 0.1 release amount of 45 million Hong Kong dollar 10-year zero-coupon convertible bonds, while the same price will also be granted to Stephen Chow 250 million shares out of share options . Convertible bonds can be converted into 450 million shares, accounting for teitsu International enlarged share capital 14.41%.
It is understood that Stephen Chow has been through its subsidiary companies previously Beglobal, holds 14.59% teitsu of international shares, convertible bonds, if the full exchange and share options were exercised, the Stephen Chow of Tai Tung International's ownership percentage will increase to 35.64%, to become the first emperor Riverside largest shareholder.
In fact, after the market, there was news that Stephen Chow backdoor way through its film entertainment business listing. In announcing the appointment as executive director Stephen Chow, while teitsu International also announced that, with the donor EntranceGateLimited license entered into a concession agreement, whereby teitsu International will have worldwide use "Yangtze River VII" Film personalities related to exclusive intellectual property rights concession for a period of three years and may be renewed to a maximum of 10 years. The EntranceGateLimited is Stephen Chow's affiliated companies.
By Stephen Chow movie "Yangtze River VII" the production cost of 20 million U.S. dollars, in January 2008 release, release, was more than 300 million yuan in box office receipts. The film "Seven earners" image even more pervasive, to the cartoon image of the development of peripheral products in the popular exhibition of a film back-up. It can be said, "Yangtze River VII" has a higher brand value.
In accordance with the relevant agreements, Emperor Riverside will be required to pay royalties for intellectual property use the cash received 10% of sales revenue calculations. As of March 31, 2012 for three years, proposed a ceiling of patent fees, will not be more than 1 million yuan, 1,000 million and 10 million yuan.
In addition to winning "Yangtze River VII", the Emperor Tong International also to only a symbolic price of 10 Hong Kong dollars, from Stephen Chow's Trust acquired RaxcoAssetsCorp. All the rights and interests. Raxco through the Shanghai Northstar technology for the development of network software and games businesses, the main focus on China's online games market, for large-scale multi-user online role-playing game (MMORPG) to provide technical and advisory services. Meanwhile, the Emperor pass into the international access to the owner of Stephen Chow in "Yangtze River VII" film development of the existing intellectual property rights and interests of all the rights and interests of NgaiWahAssociatesLimited.
Tai Tung International also suggested the company change the name of "BingoGroupLimited" and "compete against Group Limited."
Listed rugged road
Stephen Chow for the first time Riverside anything to do with the emperor in 2009. Last year, June 18, teitsu International shares soared 48.15 percent had accidents at this time, "Stephen Chow Holdings teitsu" message opened in the market upload.
Later, the media surveys conducted earlier teitsu International announced that the price is intended to be 300 million Hong Kong dollars to the British Virgin Islands company BeglobalInvestmentsLimited (hereinafter referred to as BI company) and Ryoden Property Development Co., Ltd., bought a shopping mall in Hong Kong in Tsim Sha Tsui GranvilleIdentity (hereinafter referred to GI), while the major shareholder of the seller of the transaction, it is Stephen Chow.
Through the sum of the sale, Stephen became teitsu international shareholders. Later, the industry widely speculated that the ultimate intentions of Stephen Chow's move is that it can help teitsu international platforms to achieve their "Pictures listed company" dream.
In fact, "Yeh," The dream is not listed on whim. As early as 2005, Stephen Chow, a subsidiary of Hutchison International items will be interested in GEM. At that time, according to media reports, Hutchison International's fund-raising product size of about 50 million Hong Kong dollars, the historical price-earnings ratio of about 33 times, but the company later, and did not pass the hearing of the Hong Kong Stock Exchange listing. Sources pointed out that the hearing was whether the reason is because of too much reliance on goods, Hutchison International Stephen Chow personal reputation, is difficult to assess the future viability of the company and business risks.
It is worth mentioning that, in Stephen Chow curve stake teitsu international after teitsu overall better performance of international shares, and shares the news because of Stephen Chow encountered several rounds of speculation
