GHY fully incorporates Uni-Icon with remaining 30% acquisition
The total consideration paid for the sale shares stood at a nominal cash of $0.18 per share.
GHY Culture & Media has acquired the remaining 30% of shares from iQIYI to become the full owner of Uni-Icon.
The total consideration paid by GHY for the sale shares stood at a nominal cash of $0.18 (RMB1).
As at Dec 31, 2024, the book value and net tangible asset value of Uni-Icon is $22,123.
According to GHY, there is no open market value for the shares acquired as they are not publicly-traded.
($1= RMB5.35)