MoneyWorks4Me

Media Matrix Worldwide trims stake in nexG Devices to 51.02%

24 Dec 2016 Evaluate

Media Matrix Worldwide has reduced stake in nexG Devices from 100% to 51.02%. Consequently, nexG Devices, a wholly owned subsidiary of the company has become subsidiary of the Company with effect from December 23, 2016 pursuant to preferential allotment made by the nexG to other Investor.

Media Matrix Worldwide is a leading company in the business of quality content, TV & music software, feature film production with focus on the worldwide market. The company is continually developing their products & services to become leaders in the entertainment market place.

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