Author: rosalindfairley

Creative China Co-distributes Six Foreign Imported Films

Creative China Holdings Limited (“Creative China” or the “Group”; stock code: 8368) today announced that it and its wholly-owned subsidiary CCH Film Production Limited have entered into a cooperation agreement with consideration at around RMB30 million (equivalent to about HK$36 million), with its Cooperation Partners and Guarantor for the distribution of six foreign imported films (“the Target Films”) in Mainland China. The consideration will be settled by the allotment and issue of consideration shares by the Group to the partners or their designated nominee(s) at the issue price of HK$1 per share proportionally according to the allocation of the consideration ... Read more