Linmon Media Limited ( (HK:9857) ) has shared an announcement.
Linmon Media Limited successfully passed a resolution at its extraordinary general meeting held on April 25, 2025, approving the transactions under the 2025 Drama Series and Movies Copyrights Licensing Framework Agreement with Shenzhen Tencent Computer Systems Company Limited. The resolution was passed with 100% of the votes in favor, despite Tencent’s abstention due to its material interest in the agreement. This approval allows Linmon Media to proceed with the proposed annual caps and authorizes its directors to undertake necessary actions, potentially strengthening its strategic position in the media industry.
More about Linmon Media Limited
Linmon Media Limited is a company incorporated in the Cayman Islands, primarily engaged in the media industry. The company focuses on the production and licensing of drama series and movies, catering to a market that includes partnerships with major entities such as Shenzhen Tencent Computer Systems Company Limited.
YTD Price Performance: -10.0%
Average Trading Volume: 45,984
Technical Sentiment Signal: Buy
Current Market Cap: HK$908.8M
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