Reported 12 months ago
In a recent move, Xiao Zhenghao, the rising game tycoon in central Taiwan and chairman of Internet Banking International, has acquired a stake in the largest chain of cinemas in Taiwan, VieShow. Known for vying for the management rights of Taiwan's leading game distributor Chunghwa Telecom, Xiao acquired VieShow for approximately 1.2 billion NT dollars, becoming its largest shareholder. With a focus on expanding into the entertainment sector, Xiao aims to explore more possibilities through this partnership. This strategic move has attracted attention in the market which is curious about his next steps after taking over VieShow.
Source: YAHOO