PCCW Media Secures USD110 Million Investment From Foxconn, Temasek and Other Backers

PCCW Media Secures USD110 Million Investment From Foxconn, Temasek and Other Backers

Chen Juan

Date: Fri, 08/11/2017 - 20:26 / source:Yicai
PCCW Media Secures USD110 Million Investment From Foxconn, Temasek and Other Backers
PCCW Media Secures USD110 Million Investment From Foxconn, Temasek and Other Backers

(Yicai Global) Aug. 11 -- Hong Kong-based PCCW Media Ltd. said it has secured a USD110 million investment from backers including Foxconn Technology Group [TWSE:2317], Hony Capital and Singaporean investment company Temasek Holdings Ltd.

PCCW is a multi-media group. It owns paid television service Now TV and operates over-the-top content video streaming services under the Viu brand. It offers Asian news, financial information, sports programs and entertainment content as well as authorized films and international TV programs.

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Keywords: PCCW Media, FOXCONN, Temasek