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Century Entertainment Secures Licensing Agreement for Online Games Platform

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Century Entertainment Secures Licensing Agreement for Online Games Platform

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Century Entertainment International Holdings Limited ( (HK:0959) ) has shared an announcement.

Century Entertainment International Holdings Limited, a company incorporated in Bermuda, has entered into a Licensing Agreement with WPT to utilize, market, and distribute an Online Games Platform in the Asia-Pacific region. This agreement is part of a joint venture where Century Entertainment will issue new shares to WPT in exchange for the license, which is recognized as an acquisition of intangible assets. The transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, does not require shareholder approval.

More about Century Entertainment International Holdings Limited

Technical Sentiment Signal: Buy

Current Market Cap: HK$92.34M

For detailed information about 0959 stock, go to TipRanks’ Stock Analysis page.

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