Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Wasu Digital Television Backdoor Listing Plan Approved

LMTW, 8/22/11

The board of Hunan-based plastics manufacturer Genuine New Material Group (000156.SZ) has approved a major asset restructuring plan drafted with Hangzhou-based DTV and IPTV operator Wasu Digital Television Media Group. Following the restructuring, the company will transform itself from a manufacturer of aluminum, PVC, polyurethane, and plastic products to a national new media content provider and Hangzhou Cable TV operator. The company's nationwide content services will include IPTV, mobile TV, and internet TV.

Editor's Note: For more information on this topic, please see "Wasu to Conduct Backdoor Listing on Shenzhen Stock Exchange," MD 5/10/11 issue.

Keywords: 000156.SZ corporate restructuring Genuine New Material IPTV television DTV cable TV Internet TV Shenzhen Stock Exchange Wasu listing mobile phone TV


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports