FRANCE/AUSTRALIA: INFOGRAMES IN AUSTRALIA
Article Abstract:
The French software publishing group, Infogrames, is not largely present in Australia, but it uses its distribution base in Sydney to monitor the Asia market. Its Australian subsidiary, Melbourne House, in Melbourne, would be considering producing for countries where the game software market is emerging, including China, Malaysia, Korea, Taiwan, and Vietnam. Melbourne House is also one of the group's 14 worldwide game design branches, where it employs 75, out of 90 in total in Australia. It would be no surprise too, that Infogrames' latest game, Le Mans 24 Hours, was designed in Melbourne, where the locals are glued to the TV to follow the famous 24 hour racing competition. The new game could also be outsourced to Vietnam or South Korea. Le Mans 24 Hours should be out in October 2000
Publication Name: MOCI
Subject: Business, international
ISSN: 0026-9719
Year: 2000
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HONG KONG: MASS TRANSIT SELLS STAKE IN OCTOPUS
Article Abstract:
The Mass Transit Railway Corp. (MTRC) will cut is interests in Octopus by 10.4% from holding 67.8% to 57.4%. Octopus payment card is operated and owned by Creative Star which has been advocating the use of Octopus card in other services. The 10.4% stake is sold to bus companies CityBus and Kowloon Motor Bus (KMB). After the sale CityBus will hold 5% of Octopus and KMB 12.4%. Analysts predict the sale by MTRC may be a prelude to Octopus' public listing in the near future.
Publication Name: MOCI
Subject: Business, international
ISSN: 0026-9719
Year: 2001
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