Giglio Group SpA:Sets up Giglio U.S.A. for the purpose of overseeing the group's business in North America.
JiShi Media Co Ltd:To invest 15 million yuan to set up a Shenzhen-based joint venture, which is engaged in import and export factoring business, holding 30 pct stake.To invest 100 million yuan to set up a Beijing-based wholly owned subsidiary, which is engaged in investment of film and television drama.
Shenzhen Topway Video Communication Co Ltd:Says to set up a wholly owned information technology subsidiary in Shenshan for construction, management and operation of data center.Subsidiary with registered capital of 15 mln yuan.
Shaanxi Broadcast and TV Network Intermediary (Group) Co Ltd:Shaanxi-based subsidiary to use 10 mln yuan to set up a wholly owned Internet financial subsidiary in Shaanxi.
ASAHI BROADCASTING CORP:To set up a wholly owned subsidiary in Osaka on July 10, with capital of 20 mln yen.Subsidiary to be engaged in venture capital operation.
SKY Perfect JSAT Holdings Inc:Says wholly owned subsidiary will establish a new wholly owned sub-subsidiary, WAKUWAKU JAPAN, which will be engaged in distribution of Japan contents to overseas in Tokyo, Japan.Effective date May 1.WAKUWAKU JAPAN will be capitalized at 15 million yen in all.
SKY Perfect JSAT Holdings Inc:Says subsidiary SKY Perfect JSAT Corporation to set up a wholly owned subsidiary WAKUWAKU JAPAN in Tokyo, which will be engaged in Japanese content delivery to overseas market, on May 1.WAKUWAKU JAPAN to launch private placement to SKY Perfect JSAT and Cool Japan Initiative, on July 1.SKY Perfect JSAT to acquire 657 shares in private placement and hold 660 shares (60 pct voting power) in WAKUWAKU JAPAN, down from 100 pct voting power.
Shaanxi Broadcast and TV Network Intermediary (Group) Co Ltd:To invest 100 mln yuan to set up wholly owned Shaanxi-based radio and television networks media subsidiary.
Hunan TV&Broadcast Intermediary Co Ltd:Established a wholly owned subsidiary TIK Films (U.S.) Inc. in U.S, with registered capital of $3 mln.New subsidiary in engaged in investment, production and distribution in film.