Brilliant Arts Multi-Media Holding Ltd.
Brilliant Arts Multi-Media Holding Limited, formerly Milkyway Image Holdings Limited, is an investment holding company engaged in the provision of film production services, production of television movies, investment in film productions and worldwide film distribution, and properties investment. The Company is organized into three divisions: film production, engaged in the production of films to customers; film distribution, engaged in the distribution of films through the distributors to various licensees, and properties investment, which involves leasing of properties to generate rental income.
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Brilliants Arts Multi-media acquires medical RFID systems producer Gold Asia
Brilliant Arts Multimedia has agreed to buy the entire issued share capital of Gold Asia at a maximum total consideration of HK$1,500m.
Gold Asia provides custom-built RFID identification application systems in mainland China. It has recently entered into an agreement with Tianjin Kong Hong Technology Company Ltd. to provide contracted RFID identification application systems on an exclusive basis for 15 years.
Tianjin Kong Hong has contracted with 30 hospitals in mainland China for the provision of custom built systems and expects to contract with additional 20 hospitals within the coming three months.
