131 views
Photo from Pexels by Pixabay

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)

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.