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Century Entertainment Forms Joint Venture to Expand Gaming Market Presence

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Century Entertainment Forms Joint Venture to Expand Gaming Market Presence

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Century Entertainment International Holdings Limited ( (HK:0959) ) has provided an announcement.

Century Entertainment International Holdings Limited has announced the formation of a joint venture with WPT, a gaming system service provider from the Philippines. The joint venture, which will be owned 51% by Century Entertainment and 49% by WPT, aims to enhance the company’s presence in the Asia Pacific gaming market by focusing on research, development, marketing, and sales of gaming systems and content. This strategic move is considered a disclosable transaction under Hong Kong’s Listing Rules, indicating its significance in the company’s operational expansion.

More about Century Entertainment International Holdings Limited

Century Entertainment International Holdings Limited operates in the gaming industry, focusing on the development, marketing, and sales of gaming system platforms and content, primarily in the Asia Pacific region.

Average Trading Volume: 632,239

Technical Sentiment Signal: Buy

Current Market Cap: HK$92.34M

Learn more about 0959 stock on TipRanks’ Stock Analysis page.

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