First video 196 million Yuan acquisition mobile game developer 3GUU

December 30, 2010 Morning News, the first video bulletin issued a notice that the company has reached a number of institutional acquisition agreement, will be 196 million yuan to acquire mobile phone network game platform development and operator 3GUU 70% shares. The first video release said the company, together with its wholly owned subsidiary Action King, signed a formal agreement on December 29, 2010 to Trilogic Investments, CMHJ Marvell and Natixis Ventech to buy 43%, 18　　% and 9% of the outstanding shares, accounting for 3GUU of the issued share capital 70%.　　The first video bulletin said that the acquisition cost of 58.8 million yuan in cash payments, and the balance of 137 million yuan issued 68.6 million shares of the cost of the unit to pay. 3GUU is an autonomous development and operation of a smartphone-focused mobile gaming company headquartered in Guangzhou, China. Prior to the announcement disclosed that the 3GUU 2008 and 2009 after-tax net profit of 5.27 million yuan and 6 million yuan. (Xiaoran)