Hong Kong- Asia Television Limited (ATV) has received approval from the Chief Executive in Council and Broadcasting Authority to change its shareholding structure. New shareholders have been introduced, including Louis Page, former MD of rival network TVB. It is expected that TK Ho, former Group GM of TVB, will assume a senior role at ATV since resigning his post as a non-executive director at TVB. The new shareholders, purchasing 73.14% of shares in ATV, are Alnery No.112 Limited, Panfair Holdings Limited and China Light Group Limited. Alnery is a company financed by ABN AMRO’s FireWorks International Inc. and owned by Payson and Johnson Cha’s Pelaka Investments Limited. Together with FireWorks International Inc., Alnery and Louis Rajkumar Page, will own 47.58% of ATV. Panfair, a company owned by Payson and Johnson Cha, will own 10.75% of ATV. China Light will own 14.81% of ATV.
Ad – Before Content
Related Articles
- Limecraft Announces New Platform Update and Preview of MI at MPTS 2024
- CABSAT 2024 to highlight new advancements in media and satellite technology with Content Congress and SATExpo Summit
- ITV and Hera Pictures announce I Fought The Law starring Sheridan Smith
- Hiltron Introduces Field-Upgradable Motorisation Kit for CPI 2385 Satcom Antenna
- Agile Content appoints Koldo Unanue as new CEO to boost the TV Platform business
- Alef UK opens in London with writer/director Gilles Bannier appointed as Creative Director