Website: N/A
Stock Symbol: NASDAQ: XSEL
Market Value: N/A (in millions)
Xinhua Finance Media Limited was incorporated on November 7, 2005 in the Cayman
Islands as an exempted company limited by shares and our affairs are governed by
the Companies Law, Cap. 22 (Law 3 of 1961, as consolidated and revised) of the
Cayman Islands. We acquired several companies from our parent, Xinhua Finance
Limited, and continue to make acquisitions. For a detailed description of our
acquisitions, see “Item 5. Operating
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and financial review and prospects — Acquisitions”. In 2007, we operated our
businesses across five groups, as follows:
• Broadcast. Our broadcast group was formed through the following transactions:
• Upper Step. We signed a series of agreements pursuant to which we
acquired 19.