eSun Holdings Limited (“Company”) is a member of the Lai Sun Group which was established in Hong Kong in 1947. The Company acted as an investment holding company and the principal activities of its subsidiaries include the development, operation of and investment in media and entertainment, music production and distribution, the investment in and production and distribution of television programmes, films and video format products, cinema operation, property development for sale and property investment for rental purposes as well as the development and operation of and investment in cultural, leisure, entertainment and related facilities.
Since 9 June 2011, Media Asia Group Holdings Limited (“MAGHL”, formerly known as “Rojam Entertainment Holdings Limited”) has become a subsidiary of the Company. MAGHL is a company listed on the GEM of The Stock Exchange of Hong Kong Limited (“Stock Exchange”) (Stock Code: 8075). The Company currently holds about 67.56% of the issued shares in MAGHL and its principal activities include film production and distribution; organisation, management and production of concerts and live performances; artiste management; production and distribution of television programmes; music production and publishing; licensing of media contents; provision of consultancy services in planning and management of cultural, entertainment and live performance projects.
In addition, the Company’s 50.60%-owned subsidiary, Lai Fung Holdings Limited (“Lai Fung”), is a company listed on the Main Board of the Stock Exchange (Stock Code: 1125). The principal activities of Lai Fung and its subsidiaries consist of property development for sale, property investment for rental purposes, and development and operation of and investment in cultural, leisure, entertainment and related facilities in Mainland China.
In August 2013, the Company acquired an 85% equity interest in Intercontinental Group Holdings Limited (“IGHL”, formerly known as “Kadokawa Intercontinental Group Holdings Limited”) which has become a subsidiary of the Company. IGHL is one of the leading film and video distribution companies in Hong Kong, releasing around 30 films every year and distributing a variety of video products. IGHL is also one of the leading multiplex cinema operators in Hong Kong, operating a total of 10 cinemas in Hong Kong and Mainland China as well as having a 30% joint venture interest in The Grand Cinema at the Elements, MTR Kowloon Station as at 31 January 2018.
- 2018-07-22 JOINT ANNOUNCEMENT: DESPATCH OF THE eSUN COMPOSITE DOCUMENT AND THE eSUN OPTION OFFER LETTER
- 2018-07-22 CIRCULAR: PINK FORM OF eSUN OPTION OFFER ACCEPTANCE AND CANCELLATION OF eSUN OPTIONS GRANTED BY eSUN HOLDINGS LIMITED
- 2018-07-22 CIRCULAR: WHITE FORM OF eSUN SHARE OFFER ACCEPTANCE AND TRANSFER OF ORDINARY SHARES OF HK$0.50 EACH IN THE ISSUED SHARE CAPITAL OF eSUN HOLDINGS LIMITED
- 2018-07-22 CIRCULAR: COMPOSITE OFFER AND RESPONSE DOCUMENT
- 2018-07-22 Form of Proxy for Special General Meeting on 8 August 2018