Posted inBusiness, Community & Education, Hong Kong

Investor flaunts case of ‘cash’ at press conference in last-ditch attempt to save ATV

A representative from ATV’s new investor displayed a case allegedly containing HK$10 million at a press conference on Friday as they voiced their opposition to Deloitte’s decision to shut down the company. Ho Tsz-wai, who represents ATV’s new investor, China Culture Media International’s Si Rongbin, presented a case filled with HK$1000 notes, claiming that it contained HK$5 million cash and a HK$5 […]