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Wednesday, 19 March 2014, 20:36 HKT/SGT
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Source: AV Concept Holdings Limited
AV Concept Holdings Limited Me2on Proposed to GEM Board Listing

HONG KONG, Mar 19, 2014 - (ACN Newswire) - AV Concept Holdings Limited (namely "AV Concept" or the "Group; Stock code:595) announces that Me2on Co., Ltd. ("Me2on"), a mobile games development and publication company which is owned as to 23.04% by the Group, proposes to seek for listing ("Proposed Listing") on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited ("HKEx") in 2015. In this regard, Me2on has engaged China Everbright Capital Limited as the sole sponsor and Deloitte Touche Tohmatsu as the reporting accountants in relation to the Proposed Listing to assist it to evaluate the listing opportunities and prepare for the Proposed Listing.

As a strategic shareholder of Me2on, the group is delighted by Me2on of its development in mobile games and online games area. Me2on is a fast-growing mobile games developer and publisher with headquarters in Korea and regional offices in Hong Kong, Taiwan, and the Mainland China. Me2on uses a push strategy in which it pushes games to gamers through active digital marketing and distribution through SNS and self-developed platforms. Having successfully developed game contents on various platforms, Me2on provides global games with high quality based on the game studios/publishers in Korea, the Mainland China and so on. Its most successful self-developed social poker game, Fulpot, is one of the most popular social Texas Hold'em poker game in Korea. Its newly hit mobile game, Save the Planet, is launched on Kakao Talk mobile social platforms, which is the most popular instant messaging tool in Korea. The group is being supportive to Me2on proposed to GEM board listing. Company Website: http://www.me2on.com

Mr. Billy So, Chief Executive Officer of AV Concept, said, "The group has been actively investing in potential mobile games and mobile application developers in order to tap the enormous market opportunities in the global smartphone industry and related market segment. Thus, Me2on being able to grab the opportunity in time and to seek for opportunity to land on Hong Kong capital market to strengthen its own business and to further expand the market in Hong Kong, Asia and the PRC, we are optimistic about the development of Me2on and to look forward to Me2on in gaining further success in the global smartphone game market."

About AV Concept Holdings Limited (Stock Code: 595)
AV Concept Holdings Limited is a dynamic and fast growing electronics group listed on Hong Kong Stock Exchange. The Group's businesses include marketing and distribution of electronic components; design and development as well as sale of electronic products. Its wholly-owned subsidiary - AV Concept Limited - is one of Asia's leading electronic component distributors for Samsung Electronics. It is also a "One-stop Service Provider" with strong ability and intelligence in sourcing all kinds of application software designs and electronic components that match customer needs. Headquartered in Hong Kong with major sales offices in Shenzhen, Shanghai, Beijing, Singapore, the Philippines, Indonesia and India, AV Concept Limited boasts a comprehensive distribution network and strong sales expertise in China and the South East Asia region. The Group has globally launched its new line of premium headphone brand -SOUL in January 2011. The new product line is now available in different countries such as the U.S., the European Union, the Greater China region, South Korea, Japan, Southeast Asia, Russia and Australia.
Visit AV Concept at www.avconcept.com


Topic: Press release summary
Source: AV Concept Holdings Limited

Sectors: Daily Finance, Daily News
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