M&A Deal Summary

Vision Values Holdings Acquires Cyber On-Air Group

On January 2, 2008, Vision Values Holdings acquired information technology company Cyber On-Air Group from International Entertainment for 2.0B HKD

Acquisition Highlights
  • This is Vision Values Holdings’ 1st transaction in the Information Technology sector.
  • This is Vision Values Holdings’ 0th largest (disclosed) transaction.
  • This is Vision Values Holdings’ 2nd transaction in China.

M&A Deal Summary

Date 2008-01-02
Target Cyber On-Air Group
Sector Information Technology
Buyer(s) Vision Values Holdings
Sellers(s) International Entertainment
Deal Type Divestiture
Deal Value 2.0B HKD

Target

Cyber On-Air Group

China
Cyber On-Air Group Ltd ( COAG) is principally engaged in the provision of network solutions and project services. For network solution, the COAG Group provides total system solution including data networking solution, synchronisation solution, timing solution, wireless local area network solution and network access control solution.

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Buyer(S) 1

Buyer

Vision Values Holdings

Kowloon Bay, China

website


Category Company
Founded 1998
Sector Information Technology
Employees36
Revenue 55M HKD (2021)
DESCRIPTION

Vision Values Holdings is an entity engaged in the provision of network solutions and project services, aircraft leasing and property investment business. Vision Values Holdings was founded in 1998 and is based in Kowloon Bay, China.


DEAL STATS #
Overall 2 of 6
Sector (Information Technology) 1 of 1
Type (Divestiture) 2 of 4
Country (China) 2 of 3
Year (2008) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-29 New World PCS

China

New World PCS was the mobile communication provider of New World Mobility in Hong Kong.

Buy HK$1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-14 Ideal Honour

Virgin Islands (British)

Ideal Honour Ltd. is a company incorporated in the British Virgin Islands with limited liability and is an investment holding company.

Buy -

Seller(S) 1

SELLER

International Entertainment

Hong Kong, China

website


Category Company
Founded 1998
Sector Leisure
Employees228
Revenue 65M HKD (2021)
DESCRIPTION

International Entertainment is an entity that engages in Operation of hotel business; leasing of investment properties for casino and ancillary leisure and entertainment operations. International Entertainment was founded in 1998 and is based in Hong Kong, China.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-16 Arc of Triumph Development

Macau

Arc of Triumph Development Co.,Ltd engages in land development business in Macau.

Buy HK$739M