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Sino-Entertainment Technology's Indirect Subsidiary Buys Stake in Time Entertainment
Sino-entertain (06933.HK) reduced its subsidiary Suntime Entertainment International's stake to 51% and introduced Singaporean investors.
Sino-entertain (06933.HK) announced that its indirect wholly-owned subsidiaries SEHKIHL, Times Entertainment International, and TIMCL have entered into a subscription agreement to establish a joint venture. The terms of the agreement state that SEHKIHL agrees to subscribe 2 shares of new ordinary shares of Times Entertainment International (calculated together with the existing 100 shares issued to SEHKIHL, accounting for 51% of the expanded issued share capital after the subscription), with a subscription price of 1 yuan per share; TIMCL agrees to subscribe 98 shares of new ordinary shares of Times Entertainment International (accounting for 49% of the expanded issued share capital of Times Entertainment International after the subscription.
SINO-ENTERTAIN: INTERIM REPORT 2024
SINO-ENTERTAIN: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE 2023 ANNUAL REPORT
SINO-ENTERTAIN: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
"Forcing ordinary practitioners to quit? Mihoyo's Cai Haoyu's latest controversial statement sparks heated discussions."
①Mi Haoyou, the founder of Mihoyo, stated on social media that only top talents and those who develop games for their interests have logical significance in game creation. Other game developers may consider changing careers. ②Mi Haoyou's remarks, known as "extreme theories" by some, have sparked discussions in the gaming industry.
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