Star Media Group's executive Datuk Fu Ah Kiow said that Cityneon's buy of Victory Hill Exhibitions Pte Ltd (VHE) toward the end of a year ago would prove to be fruitful in the coming years in light of early signs and reaction from the business sector.
"This speculation has turned out to be a promising one. We can see the reaction from the business sector which have been great. We now have appears in Paris, and will begin soon in Las Vegas for the Marvel characters and towards the end of the year we will begin the Transformers show in Las Vegas," Fu said after Star Media Group's AGM here on Monday.
He included that there was solid enthusiasm for VHE appears from different nations, for example, Australia, Singapore and Malaysia.
"We trust this venture will have significantly more development potential and going ahead, it will contribute a reasonable piece to our bottomline," he said.
Star Media Group possesses 64% of Cityneon which in turns own VHE, the organization that has the rights to display characters from Marvel and Avengers arrangement.
Amid the shareholders meeting that kept going over two hours, Fu handled inquiries from shareholders that extended from the organization supporting for the future, managing the test of the advanced age and its arrangements to enhance the pay base.
Amongst others Fu said the organization has an arrangement set up and it ought to begin to move it out by end of this current year or next.
Shareholders endorsed all resolutions in the meeting which likewise recorded its thankfulness towards the commitment of the late Tan Sri Kamal Hashim who passed away on Feb 2 this year.
Kamal was an organizer of the media amass and had served as an executive since 1973.