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Next Media Ltd announces completion of sale of NEXT TV


Monday, 30 Dec 2013 04:14am EST 

Next Media Ltd:Says as disclosed in its announcement dated May 31, completion of the transfer of 2,750,000 shares, representing 55 pct of the entire issued share capital of Next TV from NMBL to Lien has taken place on May 31.Says whilst the transfer of 2,250,000 shares, representing the remaining 45 pct of the entire issued share capital of Next TV from Max Growth to Lien is pending for the approval from the IC.Says it has received the formal approval letter from the IC confirming its approval on the transfer of 2,250,000 shares in Next TV from Max Growth to Lien.Says completion of the transfer of such shares has taken place on Dec. 30.Says upon completion, the group ceased to hold any shares in Next TV. 

Company Quote

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0.0 +0.00%
31 Oct 2014