EDICO HOLDINGS Subsidiary Enters Joint Concert Investment Agreement with Macau Star

Stock News03-06

EDICO HOLDINGS (08450) has announced that on March 6, 2026, its non-wholly-owned subsidiary, Voice Production, entered into a joint concert investment agreement with Macau Star. Under this agreement, Voice Production has agreed to co-invest with Macau Star for the rights of a co-organizer. Voice Production is required to contribute an investment amount of HKD 7.486 million to Macau Star in exchange for the right to enjoy 96% of the economic benefits generated from Macau Star's co-organizer rights. These benefits include profit sharing as well as the obligation to bear costs and losses. The parent company of the event's main organizer is a market leader in Taiwan's film and entertainment sector, with a strong track record in managing various cultural and creative activities, including film production, concerts, music distribution, artist management, and creative planning. Leveraging the main organizer's proven record and the strong market appeal of the artists, EDICO HOLDINGS anticipates that the concert investment will yield attractive risk-adjusted returns. The expected economic benefits are projected to enhance the Group's profitability and create sustainable value for shareholders.

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