News Column

Beijing Enlight Media Finances Money for Films, TV Operas

June 25, 2014



BEIJING, June 25, SinoCast -- Beijing Enlight Media Co., Ltd. (SZSE: 300251) revealed plans to finance CNY 2.8 billion from private placement, offering not more than 140 million shares to at most five designed investors. Financing will be used for shooting films and TV operas.

Shooting films need total investment of CNY 3.38 billion, including CNY 2.282 billion from the private placement, planning to shoot 32 films from June 2014 to May 2017. TV operas need total investment of CNY 198 million, which will all come from the private placement, planning to shoot five TV operas from June 2014 to May 2017.


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Source: Sinocast Internet, Media & Online Services Beat (China)


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