PCG Entertainment agrees to sale of Center Point
11th Jan 2017 13:46
(ShareCast News) - AIM-listed online media and entertainment group PCG Entertainment has agreed to the sale of its wholly-owned subsidiary Center Point Development Corp to a consortium of existing shareholders in the company in exchange for a 30% interest in PCG. PCG bought CPDC in August 2015 for j
Read morePCG Entertainment to help create Chinese football academy
4th Nov 2016 14:44
(ShareCast News) - Asia-Pacific media and entertainment company PCG Entertainment announced on Friday that it has signed a memorandum of understanding with Shenzhen Tianrong Sports Culture Management for the creation of a major football academy in China. The AIM-traded firm said Tianrong is a divisi
Read moreShares in PCG Entertainment plunge on debt dispute
31st May 2016 13:54
(ShareCast News) - Shares in PCG Entertainment slumped almost 40% after it revealed a debt dispute that could materially affect its trading and financial position going forward. The Asia-Pacific online gaming and media company said the dispute was linked to its 2015 acquisition of Center Point Devel
Read morePCG Entertainment reports earnings increase in first quarter
20th Apr 2016 14:38
(ShareCast News) - PCG Entertainment reported an increase in revenue and earnings for the first quarter on Wednesday, though it was struggling to convince the market in afternoon trading. The AIM-traded Asia Pacific online gaming and media company said unaudited figures, extracted from its managemen
Read morePCG Entertainment slumps as annual loss widens
11th Aug 2015 10:05
(ShareCast News) - Online gaming and media company PCG Entertainment posted a wider annual loss on the back of costs related to its flotation on AIM. The Asia-Pacific focused group, which listed on AIM in December, posted a pre-tax loss of $8.7m in 2014 compared with $2.7m in the previous year, alth
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