|
RoadShow Holdings Limited (Stock Code: 888)
announced today its first step into China's outdoor media
market with investment in Shanghai Ya Fei Advertising Company
Limited ("Ya Fei"), an outdoor advertising company
in Shanghai.
Shanghai Ya Fei Advertising Company Limited holds the exclusive
rights to operate advertising in Huaihai Road in Shanghai,
and operates the business of outdoor advertisement.
With this investment, RoadShow embraces the advertising
right of the 'Lamplight Rainbow', bridge-shaped advertising
arches located along Huaihai Road, which has been designated
as among the top ten scenic night spots in the Oriental
metropolis of Shanghai.
In addition to the visually arresting bridge-shaped advertising
neon lights, the range of diversified outdoor media assets
in RoadShow's current investment include double-sided panel
light boxes, billboards and signage along Huaihai Road.
RoadShow aspires to build and expand its position in China's
out-of-home media advertising market by acquiring and integrating
large and highly profitable companies with prominent outdoor
media assets in key China cities and will continue to explore
collaboration opportunities on different fronts.
|