Regal Wang Zheng announced earlier high profile master Hong Kong ATV, and issued the ATV into a "CNN Asia" Tag Heuer, but reasonable, twists and turns of the ATV, the right to control whether the smooth transition, there is still an undercurrent.
Hong Kong Broadcasting Authority (hereinafter referred to as the Broadcasting Authority) has recently officially sent a letter to ATV, required ATV to explain its shareholder structure, as well as investment plans. According to Hong Kong media reports, in addition to the BA's concern, ATV ownership structure are still unclear. Wang Zheng had planned to ATV to Mr CHAN Wing-kee, Mr Liu purchased shares of minority shareholders, but the source said Wang Zheng did not complete before the deadline for payment transactions.
Wang Zheng into ATV "CNN Asia", as well as the development of a national channel in Mandarin, BA said this concern. BA reminded ATV, when asked to approve changes to the Council, to hand in the attached file, proof ATV programmes broadcast in the future, continues to service the Hong Kong audience.
ATV had earlier notified the BA, Cheng Pinru has become the Executive Director of ATV. In this regard, BA points out that Cheng Pinru Wang Zheng and identified by media as there is a close relationship, if the report is true, does it mean that the Wang Zheng had control ATV?
According to available information, Wang Zheng of members of the fourth generation of the first giants of modern Shanghai sheng's family, the "father of modern industry in China" Sheng Xuanhuai great-grandsons, Hai Rong Feng holding, Chairman of the group.
Since ATV two major shareholders Cha Maosheng, Taiwan want want holdings Chairman CAI yanming feud, even after you have been fighting over the ATV control matter become a topic of public concern in Hong Kong. Cha Maosheng ATV "entrust an orphan to" Wang Zheng, Wang Zheng's identity in a new major shareholders, released to the media into a ATV Asia "CNN" plan, and indicated that the next 20 years, will invest more than $ 2 billion in the ATV World. BA this require the ATV to submit documents to prove that the new shareholders will honour the commitments mentioned above.
Cha Maosheng celebrity Cha Chi Ming of Hong Kong's eldest son, is also the Chairman of HKR International Group. HKR International Group plan in the development project in Jing an district, Shanghai.
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