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HONG KONG, Jan 19, 2015 - (ACN Newswire) - Digital Domain Holdings Limited ("Digital Domain Holdings" and together with its subsidiaries, the "Group") (Stock Code: 547), the Hong Kong-based parent company of the Academy Award-winning visual effects company Digital Domain 3.0, Inc. ("Digital Domain 3.0") has announced that Mr. SEAH Ang ("Daniel") has been elevated to Chairman of the Board of Directors. Daniel has quickly moved up the ranks at Digital Domain Holdings after recently being promoted to the position of CEO in 2014. This move is a continuing recognition of Daniel's leadership and the clear vision for the future of the company. As Chairman of Digital Domain Holdings, Daniel will continue to lead the company's diverse business interests as well as broker major strategic partnerships including new media ventures, movie productions, co-productions and intellectual property development. Daniel will continue to work day-to-day with the talented and innovative team of artists at the Digital Domain 3.0 campuses in Playa Vista, California, the United States and Vancouver, British Columbia, Canada.
"I am honoured and excited by this new position." said Daniel, "It is a true blessing to be surrounded by such a passionate and talented group. They inspire me every day and it's my great pleasure to be able to find new places and ventures for that work to grow."
Ms. Jaclyn Y.L. TSAI, a Minister of the Executive Yuan, said, "It is with great joy that I congratulate Daniel, who comes from Taiwan, on this recognition. Such a young man, with his great success achieved in Hollywood through his relentless hard work and dedication, has indeed set a good example for all the young people in Taiwan and everywhere. We also hope that Daniel and his team can bring such an advanced technology of virtual reality and special effect back to Taiwan."
Mr. LIU Shuang, COO of Phoenix TV and CEO of Phoenix New Media, said, "Daniel is leading a team at Digital Domain that sees the future of the changing media landscape in the Greater China region. He is a unique talent, creative and passionate, with an enthusiasm for finding the next innovative idea. It's an exciting time for new media in China and I congratulate him on this well-deserved recognition."
The Group is also pleased to announce that with Daniel's leadership it has received two Scientific and Technical Awards announced by The Academy of Motion Picture Arts and Sciences. Among the honorees were the technologies only available at the Group, MOVA, the facial performance capture system and Drop, the large-scale destruction toolkit. Meanwhile, the movie "X-Men: Days of Future Past", which the Group produced visual effects for, has received nomination for Best Visual Effects in the 87th Academy Awards. Furthermore, the Group has produced visual effects for "Maleficent", "X-Men: Days of Future Past", "Destiny: Become Legend" and "Kia: The Truth", which have received six nominations in four different categories in the Visual Effects Society's 13th Annual VES Awards, which recognizes outstanding visual effects artistry and innovation in film, animation, television, commercials and video games. In addition, the Group's work is featured on the BAFTA Award nominated "X-Men: Days of Future Past".
Mr. Seah graduated from Peking University with a Master's Degree in Law (with a major in international politics) and a Bachelor of Arts Degree in Law. Mr. Seah previously worked as an investment banker at Barclays and has extensive experience in the financial industry with expertise in securities, options, fund management and international business development. His in-depth knowledge of the private equity markets in Greater China and global markets enabled him to focus on business development around the world. From May 2010 to March 2013, Mr. Seah was also senior management of United Simsen Securities Limited, a company that provides brokerage services on securities, foreign exchange, gold bullion, futures and mutual funds.
About Digital Domain Holdings Limited
Digital Domain Holdings Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 547). Digital Domain Holdings is a diversified investment holding company with its operating and investment businesses spanning Hong Kong, the United States, Canada, Mainland China and other countries, encompassing such businesses as media entertainment, visual effects production, co-production of movies, property investment, trading, etc.
On 4 July 2013, the Group acquired Digital Domain 3.0 Group comprising Digital Domain 3.0, Inc., Digital Domain Productions 3.0 (BC), Ltd. and Mothership Media, Inc.
The Group will continuously explore business opportunities in our new domain of business, and will pursue other strategic investments, to create benefits for its shareholders and investors and to develop more business opportunities with greater potential. Company website: www.digitaldomainhl.com
For enquiries:
Strategic Financial Relations Limited
Mandy Go +(852) 2864 4812 mandy.go@sprg.com.hk
Jovanni Cai +(852) 2114 4937 jovanni.cai@sprg.com.hk
Isabel Kwok +(852) 2864 4824 isabel.kwok@sprg.com.hk
Fax: +(852) 2527 1196
Topic: Press release summary
Source: Digital Domain Holdings Limited
Sectors: Daily Finance, Daily News
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From the Asia Corporate News Network
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