A8 Media Music: Dom Music is currently discussing cooperation with Millet company

Absrtact: 18th night, A8 Media Music Emergency issued a notice, the company's associated companies more than meters music is currently with the millet company to discuss cooperation matters, cooperation matters once implemented, the company will comply with the listing rules in due course to be announced separately. Due to possible cooperation issues not

On the evening of 18th, A8 Media music issued an emergency bulletin, said, "the joint venture's multi-meter music is currently with the millet company to discuss cooperation matters, cooperation matters once implemented, the company will comply with the listing rules in due course to be announced separately." Since possible co-operation may not necessarily be carried out, shareholders and prospective investors must act prudently in the trading of shares in the company. ”

The statement originated in a "stock price move". On the morning of 18th, the A8 Media music Group held a special shareholder meeting to approve the subscription agreement with the DOM music. Under the agreement, A8 will invest 179 million Hong Kong dollars (about 140 million yuan) to subscribe to the multi-meter music convertible notes. After the meeting, A8 Media Music Group Chairman of the board and CEO Liu Xiaosong revealed that with the Millet mobile phone to discuss cooperation plan, is expected to release details within two months.

Immediately, the price of A8 music Rose, a 0.98 Hong Kong dollar in the pan, soaring 34.25%. As at 13 o'clock 18th, the shares of A 8 surged by 23% and turnover surged to HK $121 million. At present, A8 music has been licensed and has a share price of HK $0.84.

Recently, the A8 Media music movement frequency deviation, first will "A8 Music Holdings Limited" renamed "A8 New Medium Group", deepens the mobile internet music Entertainment platform and the game release platform. Since then, and the Beijing Cultural and Creative Industry fund jointly launched the establishment of A8 cultural industry fund, in the content, production and copyright management.

According to Liu Xiaosong, "Many meters of music users have more than 200 million, advertising revenue growth ideal, the future DOM will be a music platform as a starting point to enter interactive Entertainment, expand peripheral derivative products, to create a new way of life." ”