Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSealand Cap Regulatory News (SCGL)

Share Price Information for Sealand Cap (SCGL)

Share Price is delayed by 15 minutes
Get Live Data
0.225    0.003 (1.40%)
Bid:
0.20
Ask:
0.25
Spread: 0.05 (25.00%)
Market Cap: £14.27m
SCGL Live PriceLast checked at - London Stock Exchange

Intraday Sealand Cap Share Chart

Business Strategy Update

29 Mar 2019 07:00

RNS Number : 3982U
Sealand Capital Galaxy Limited
29 March 2019
 

For release: 07.00, 29th March 2019

 

Sealand Capital Galaxy Limited

 

("Sealand", or the "Company")

 

Business Strategy Update: New Sky Global, Tencent Anime Comics Game and Tencent Car

 

Sealand Capital Galaxy Limited (LSE: SCGL), announces three new initiatives as it continues to exploit its close relationship with Tencent, China's Internet-based technology and cultural enterprise.

 

New Sky Global

Sealand announces that it intends (subject to final contract) to acquire a controlling majority stake in New Sky Global, a new digital marketing and advertising business that will have a licensing agreement with Tencent and other top tier's global media and publisher. New Sky Global will use accurate targeting, report analysis and experienced consultation services to offer marketing and advertising campaigns to overseas merchants using the full range of Tencent Advertising Channels and other platforms. The new subsidiary will be able to personalize projects for different merchants signed to their platform, allowing them to create tailor-made campaigns. These services will complement those offered by ePurse, Sealand's wholly owned subsidiary, which already provides a range of services to merchants in Hong Kong, UK and Dubai wishing to target outbound Chinese consumers, travellers and tourists using WeChat Pay, WeChat Official Accounts and WeChat Advertising.

 

Tencent Anime Comics Game ("TACG")

Tencent will be holding the first ever annual Tencent Animation Comics Game Carnival, targeting the 200 million people in China, who are regular users of products related to anime, comic and video games. This event will be held in at least 13 regions of China between May and September this year and will bring together the largest Chinese gaming, comic and anime community through Tencent, the largest video games publisher in the world by revenue. TACG is a great opportunity for companies to raise brand awareness in China and reach new audiences. Sealand plans to set up a new subsidiary company to manage the TACG Carnival. It will become the exclusive organizer of the events, responsible for all logistics, as well as for selling sponsorships, advertising and developing brand partners. Sealand is already talking to a number of high-profile brands, such as well-known US car manufacturers and global luxury goods providers. As sole operator and promotion partner of TACG's First Annual Carnival, Sealand believes that there is a great opportunity to attract more Chinese customers, as authors are continually adding Chinese elements and designs into TACG products.

 

Tencent Car

QQ.com, a China's leading online portal that owns by Tencent, has a broad real-time news coverage and a full range of innovative information services, the website provides a rich online life to 698 million of internet users. Tencent Car (auto.qq.com) is a key category under QQ.com, it allows users to search for both new and second-hand cars with a number of different filters such as price, performance and manufacturer, it also provides news and information related to vehicles. Subject to Chinese regulatory approval, Sealand will form a new Joint Venture company, which Sealand will own a significant equity stake, to obtain the license of Tencent Car. As Sealand expands its digital marketing offering, it will do the same with Tencent Car, using its subsidiaries to create more effective marketing campaigns on the platform. It will also seek other possibilities in developing new auto business with Tencent Car.

 

Nelson Law, Executive Chairman commented:

 

"Sealand is at a significant inflection point in its development. These three important new strategic initiatives will transform our business and fit well with our existing ePurse and Rightyoo business activities. Our ambition is to become Tencent's overseas trusted partner and offering merchants more effective digital marketing campaigns across a number of different medias."

 

-ends-

 

 

Enquiries:

 

Sealand Capital Galaxy Limited

Law Chung Lam Nelson, Executive Chairman

+44 (0) 7537 959788

Belvedere Communications

John West

+44 (0) 2036 872756

Kim van Beeck

+44 (0) 2036 872757

 

Notes to Editors:

· Sealand Capital Galaxy Limited (LSE: SCGL) is engaged in the investment and acquisition of IT and social media businesses in the APAC region with high growth potential.

· The Company's Shares are traded on the Official List of the London Stock Exchange's main market for listed securities under the ticker SCGL.

· Further information on Sealand is available on its website http://www.scg-ltd.com/

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDJPMPTMBBTBFL
Date   Source Headline
30th Jun 20227:00 amRNSFinal Results
31st Mar 202212:36 pmRNSTotal Voting Rights
30th Mar 20223:30 pmRNSIssue of New Ordinary Shares
9th Nov 20217:00 amRNSNew brand engagement and brand station launch
21st Oct 20217:00 amRNSIssue of Equity and Grant of Options
11th Oct 20217:00 amRNSLaunch of Heath London Tmall Global Flagship store
4th Oct 20217:00 amRNSHalf-year Report
31st Aug 20217:00 amRNSExclusive Distribution Contracts Update
9th Aug 20217:00 amRNSContract
23rd Jul 20217:00 amRNSDistribution Contracts Signed
19th Jul 202112:44 pmRNSIssue of Equity
13th Jul 202111:37 amRNSLaunch of Online Store - replacement
13th Jul 20217:00 amRNSLaunch of Online Store
30th Jun 202111:56 amRNSPublication of Annual Report
21st May 20217:00 amRNSExtension to Annual R&A publication date
7th May 20217:00 amRNSDistribution Contracts
23rd Apr 20217:00 amRNSNew Contract Win
31st Mar 20217:00 amRNSSubscription, Update, Director Dealing and Change
22nd Mar 20214:41 pmRNSSecond Price Monitoring Extn
22nd Mar 20214:35 pmRNSPrice Monitoring Extension
22nd Mar 20212:06 pmRNSSecond Price Monitoring Extn
22nd Mar 20212:01 pmRNSPrice Monitoring Extension
22nd Mar 202111:05 amRNSSecond Price Monitoring Extn
22nd Mar 202111:00 amRNSPrice Monitoring Extension
22nd Mar 20219:05 amRNSSecond Price Monitoring Extn
22nd Mar 20219:00 amRNSPrice Monitoring Extension
1st Mar 20214:41 pmRNSSecond Price Monitoring Extn
1st Mar 20214:36 pmRNSPrice Monitoring Extension
1st Mar 20212:06 pmRNSSecond Price Monitoring Extn
1st Mar 20212:00 pmRNSPrice Monitoring Extension
30th Nov 20207:00 amRNSMarket Update
6th Nov 20207:00 amRNSMarket Update: New Contract Win and Partnership
29th Oct 20207:00 amRNSHalf-year Report
6th Oct 20208:00 amRNSAppointment of Adviser
1st Sep 20207:00 amRNSMarket Update
24th Aug 20207:00 amRNSApplication for Placing of Shares
17th Aug 20207:00 amRNSExercise of Warrant & Issue of Equity
20th Jul 20207:00 amRNSNew Contract Win
6th Jul 20207:00 amRNSRestructuring of ePurse and formation of new JVs
1st Jul 20204:35 pmRNSPrice Monitoring Extension
26th Jun 20204:40 pmRNSSecond Price Monitoring Extn
26th Jun 20204:35 pmRNSPrice Monitoring Extension
26th Jun 20202:06 pmRNSSecond Price Monitoring Extn
26th Jun 20202:00 pmRNSPrice Monitoring Extension
26th Jun 202011:05 amRNSSecond Price Monitoring Extn
26th Jun 202011:00 amRNSPrice Monitoring Extension
25th Jun 20207:00 amRNSFormation of new Joint Venture
17th Jun 20207:00 amRNSMarket Update
5th Jun 20207:00 amRNSPublication of Annual Report
19th Nov 20197:00 amRNSAppointment of Broker

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.