Digital Hollywood Interactive Ltd. Forms Joint Venture with Shaw Movie City Hong Kong for Game Products Development
Reuters
Sep 08
Digital Hollywood Interactive Ltd. Forms Joint Venture with Shaw Movie City Hong Kong for Game Products Development
Digital Hollywood Interactive Limited has announced the formation of a joint venture with Shaw Movie City Hong Kong Limited. The agreement, signed on September 8, 2025, involves the creation of a new company with a share capital of HK$28.5 million. Hollywood HK, a subsidiary of Digital Hollywood Interactive, will hold an 80% stake by contributing HK$22.8 million in cash, while Shaw Movie City will hold a 20% stake by injecting intellectual property rights valued at HK$5.7 million. The joint venture aims to develop and commercialize interactive game products, leveraging the intellectual property resources provided by Shaw Movie City. The new entity will be incorporated in Hong Kong and will become a subsidiary of Digital Hollywood Interactive, whose financial results will be consolidated into the company's group financial statements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Hollywood Interactive Ltd. published the original content used to generate this news brief on September 08, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.