Last $1.45 USD
Change Today -0.01 / -0.68%
Volume 5.0K
As of 8:10 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

linktone ltd-adr (LTONY) Snapshot

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09/30/13 - $4.02
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linktone ltd-adr (LTONY) Details

MNC Media Investment Ltd. provides entertainment-oriented telecom value-added services (VAS) and content to traditional and new media consumers and enterprises in Mainland China, Indonesia, Malaysia, Hong Kong, and Singapore. It operates in four segments: China VAS, Mobile Game, & PC Game, Indonesia Digital Media, Media Content, and Investment. The company focuses on media, entertainment, communication, and edutainment products. It offers VAS, mobile games, and PC game services, including data-related services, such as short messaging services and multimedia messaging services for ringtones; wireless application protocol services; information; screen savers; and Java games, as well as audio-related services, such as caller ring-back tones through telecommunication network operators. The company is also engaged in the media content business, including the acquisition, licensing, and distribution of Asian and non Asian movies, and kids content across multiple platforms, such as theatres television, video discs, and online and mobile devices; music, which includes licensing of karaoke music videos; and staging of concerts and events. Its home entertainment products span a spectrum of content ranging from feature films, TV series, documentaries, pre-school edutainment, and animation series for children. In addition, the company operates online news and entertainment and parenting portals; and trades in quoted securities. Further, it is involved in software development; property investment activities; and provision of property management services. The company sells its products through nationwide distribution networks, integrated service platforms, and multiple marketing sales channels, as well as through the networks of mobile operators. It was formerly known as Linktone Ltd. and changed its name to MNC Media Investment Ltd. in June 2014. The company was founded in 1999 and is based in Singapore. MNC Media Investment Ltd. is a subsidiary of PT. Global Mediacom Tbk.

759 Employees
Last Reported Date: 03/20/14
Founded in 1999

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linktone ltd-adr (LTONY) Key Developments

Linktone Ltd. has Changed its Name to MNC Media Investment Ltd

On June 23, 2014, Linktone Ltd. changed its name to MNC Media Investment Ltd.

Linktone Ltd., Annual General Meeting, Jun 23, 2014

Linktone Ltd., Annual General Meeting, Jun 23, 2014., at 10:00 Singapore Standard Time. Location: 39 MacTaggart Road. Agenda: To re-elect Billy Hsieh as a Class I director to serve until the 2017 annual general meeting of shareholders or until his successor is elected and is duly qualified, or until his earlier death, bankruptcy, insanity, resignation or removal; to change the name of the Company from Linktone Ltd to MNC Media Investment Ltd, with effect from the passing of the special resolution; and to transact such other business as may properly come before the 2014 annual general meeting of shareholders or any adjournment or postponement thereof.

Linktone Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2013

Linktone Ltd. reported consolidated earnings results for the year ended December 31, 2013. For the year ended December 31, 2013, the Group recorded gross revenue of $42.6 million, down 7.6% from $46.2 million in for the year ended December 31, 2012. The decrease was due mainly to a decline in revenue from China VAS business. The Group recorded a net loss attributable to equity holders of the company of $15.1 million compared to net income of $20.2 million in fiscal 2012. This decrease was due mainly to the reduction in gains on marked-to-market valuations and sales of short-term investments and higher foreign exchange loss. Correspondingly, the basic and diluted loss per share was $0.04 compared to earnings per share of $0.05 in fiscal 2012. Operating income was $549,838 compared to $21,001,202 for the last year. Loss from continuing operations before income tax was $17,142,183 compared to $17,274,343 for the last year. Net cash used in operating activities was $7,123,045 compared to $5,297,395 for the last year. Purchase of property and equipment was $592,922 compared to $742,918 for the last year.


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LTONY Competitors

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Taomee Holdings Ltd $5.27 USD -0.03
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