Century Entertainment Secures Licensing Agreement for Online Games Platform
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Century Entertainment International Holdings Limited has announced a Licensing Agreement with WPT to utilize and distribute an Online Games Platform in the Asia-Pacific region. This joint venture involves issuing new shares to WPT in exchange for the license, classified as an acquisition of intangible assets. The transaction is a discloseable transaction under Hong Kong’s Listing Rules and does not require shareholder approval. Current market cap is HK$92.34M, with a technical sentiment signal indicating a 'Buy'.
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