GDC Technology Received Investment From Mr Li Ka-Shing

SHOWEST, Las Vegas (March 12, 2007) – GDC Technology, one of the leading solution providers of digital cinema, today announced it has received an investment of US$6.5million from Mr Li Ka-shing – the world’s 9th richest person according to Forbes 2007 report. Mr. Li Ka-shing is the founder of Cheung Kong which is the leading Hong Kong-based multinational conglomerate with a combined market capitalization of the Group’s Hong Kong-listed companies amounted to US$92.5 billion as of Aug 31, 2006.

With the new investment, Global Digital Creations Holdings Limited (a public listed company in Hong Kong GEM Board) and Mr LI Ka-shing are the largest and second-largest shareholders of GDC Technology respectively. The new investment will boost GDC Technology’s development activities in line with company strategy.

“We are delighted to receive Mr. LI’s backing to help us accelerate our development work and expand business opportunity,” said Dr Man-Nang CHONG, CEO of GDC Technology, “Opportunity to work hard in our passionate project represents the supreme luxury of life and we look forward to continuing building GDC Technology and in our mission to become a market leader in the digital delivery and display sector,” added Dr CHONG.

Media Contact: Ms. Cherine Liu

SOURCE: GDC Technology 

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