Reported 11 months ago
According to Financial News Report on June 23, 2024, at 7:06 PM, Webank International Group announced the acquisition of 35.69% of VieShow Cinemas' shares from Hong Kong's Orange Sky Golden Harvest Group for about NT$1.249 billion, making it the largest shareholder of VieShow Cinemas and its subsidiaries. This move aligns with Webank's strategy to enhance the entertainment experience for consumers through innovative cinema services and diverse entertainment offerings, as well as strengthen its presence in the film industry with upcoming movie releases and production plans.
Source: YAHOO