You will be redirected back to your article in seconds

Media Asia begins trading in Singapore

World Brief

Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday.

The local producer and distrib’s initial public offering raised about $8.6 million.

Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production.

Company has sought to go public since its successful “Infernal Affairs” feature trilogy bowed in 2003. It chose Singapore as opposed to Hong Kong because legal limitations would have delayed a listing here.

More Biz

  • Oprah Responds to Trump Tweet Claiming

    Oprah Responds to Trump's Tweet Claiming Bias in '60 Minutes' Segment

    Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday. The local producer and distrib’s initial public offering raised about $8.6 million. Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production. Company has sought to go public since its successful “Infernal Affairs” feature […]

  • Music Theatre International

    Drew Cohen Named Global CEO of Music Theatre International

    Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday. The local producer and distrib’s initial public offering raised about $8.6 million. Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production. Company has sought to go public since its successful “Infernal Affairs” feature […]

  • 'Daily Show's' Michelle Wolf to Host

    'Daily Show' Contributor Michelle Wolf to Host White House Correspondents' Dinner

    Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday. The local producer and distrib’s initial public offering raised about $8.6 million. Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production. Company has sought to go public since its successful “Infernal Affairs” feature […]

  • Harvey Weinstein ousted

    Weinstein Co. Sued by Lindt Chocolatier Over Canceled Golden Globes Party

    Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday. The local producer and distrib’s initial public offering raised about $8.6 million. Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production. Company has sought to go public since its successful “Infernal Affairs” feature […]

  • Pandora Shares Surge as Fourth-Quarter Subscription

    Pandora Shares Surge as Fourth-Quarter Subscription Revenue Climbs 63%

    Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday. The local producer and distrib’s initial public offering raised about $8.6 million. Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production. Company has sought to go public since its successful “Infernal Affairs” feature […]

  • Eric Schneiderman

    Weinstein Co. Deal Moving Ahead After Three-Hour Meeting With Attorney General

    Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday. The local producer and distrib’s initial public offering raised about $8.6 million. Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production. Company has sought to go public since its successful “Infernal Affairs” feature […]

  • Russell Simmons

    Russell Simmons Says He Is 'Closed for Spiritual Maintenance' Following Sexual Harassment Allegations

    Shares of Media Asia Entertainment Group began trading on Singapore’s securities exchange Wednesday. The local producer and distrib’s initial public offering raised about $8.6 million. Net proceeds will go toward repaying a short-term revolving bank loan, business development in China and film production. Company has sought to go public since its successful “Infernal Affairs” feature […]

More From Our Brands

Access exclusive content