Joint Announcement : Unaudited Third Quarterly Results of a Subsidiary Media Asia Group Holdings Limited for the Nine Months Ended 30 April 2019
June 12, 2019 at 05:34 pm IST
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this joint announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this joint announcement.
Joint Announcement
Unaudited Third Quarterly Results of a Subsidiary
Media Asia Group Holdings Limited
for the Nine Months Ended 30 April 2019
The board of directors ("Board") of each of Lai Sun Garment (International) Limited ("LSG"), Lai Sun Development Company Limited ("LSD", a 56.07%-owned subsidiary of LSG) and eSun Holdings Limited ("eSun", a 74.62%-owned subsidiary of LSD) refers to the unaudited third quarterly results of Media Asia Group Holdings Limited ("MAGHL", a 67.56%-owned subsidiary of eSun) for the nine months ended 30 April 2019 ("Financial Period") announced by MAGHL on 12 June 2019 ("MAGHL Results Announcement"). The issued shares of MAGHL are listed and traded on GEM of The Stock Exchange of Hong Kong Limited (Stock Code: 8075).
In the MAGHL Results Announcement, MAGHL reported that among other matters, no dividend had been declared by its board of directors in respect of the Financial Period and it recorded the following unaudited results for the Financial Period:
Consolidated turnover of approximately HK$377,385,000
Consolidated loss attributable to owners of MAGHL of approximately HK$75,816,000
Basic and diluted loss per share attributable to owners of MAGHL of approximately HK3.55 cents
The MAGHL Results Announcement will remain on the "Latest Company Announcements" page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the website of MAGHL at www.mediaasia.com.
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By Order of the Board
By Order of the Board
Lai Sun Garment (International) Limited
Lai Sun Development Company Limited
Chew Fook Aun
Chew Fook Aun
Executive Director and Deputy Chairman
Executive Director and Deputy Chairman
By Order of the Board
eSun Holdings Limited
Lui Siu Tsuen, Richard
Executive Director and Chief Executive Officer
Hong Kong, 12 June 2019
As at the date of this joint announcement,
(a) the Board of LSG comprises six executive directors, namely Dr. Lam Kin Ming (Chairman), Dr. Lam Kin Ngok, Peter (Deputy Chairman), Mr. Chew Fook Aun (Deputy Chairman), Madam U Po Chu, Mr. Lam Kin Hong, Matthew and Mr. Lam Hau Yin, Lester (also alternate to Madam U Po Chu); and three independent non-executive directors, namely Messrs. Leung Shu Yin, William, Lam Bing Kwan and Chow Bing Chiu;
the Board of LSD comprises four executive directors, namely Dr. Lam Kin Ngok, Peter (Chairman) and Messrs. Chew Fook Aun (Deputy Chairman), Lau Shu Yan, Julius (Chief Executive Officer) and Lam Hau Yin, Lester; two non-executive directors, namely Dr. Lam Kin Ming and Madam U Po Chu; and four independent non-executive directors, namely Messrs. Lam Bing Kwan, Leung Shu Yin, William, Ip Shu Kwan, Stephen and Leung Wang Ching, Clarence; and
the Board of eSun comprises four executive directors, namely Messrs. Lui Siu Tsuen, Richard (Chief Executive Officer), Chew Fook Aun, Lam Hau Yin, Lester and Yip Chai Tuck; one non-executive director, namely Madam U Po Chu; and four independent non-executive directors, namely Messrs. Low Chee Keong (Chairman), Lo Kwok Kwei, David and Alfred Donald Yap and Dr. Ng Lai Man, Carmen.
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eSun Holdings Limited published this content on 12 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 June 2019 12:03:07 UTC
Esun Holdings Ltd is an investment holding company principally engaged in the entertainment business. The Company operates through four segments. The Media and Entertainment is engaged in the investment in and the production of entertainment events and the provision of related advertising services, the provision of artiste management services, album sales and the distribution and licensing of music and the trading of gaming products. The Cinema Operation segment is engaged in the operation of cinemas in Hong Kong and Mainland China. The Film and Television (TV) Program segment is engaged in the investment in, production of, sale, distribution and licensing of films and TV programs, the provision of related advertising services as well as the distribution of video format products derived from these films and films licensed-in by the Group. The Corporate and Others segment is engaged in corporate-related and other businesses.