Saturday, December 10, 2011

Living 3D Holdings, Inc. acquires BVI company

China-based media technology corporation Living 3D Holdings, Inc. announced that it has acquired privately held company Living 3D Holdings, Ltd., which is focused on the marketing and sale of 3D image display devices in China.

Living 3D Holdings, which was incorporated on June 23, 2008 in the British Virgin Islands, became a wholly-owned subsidiary of Chinese company on December 8, 2011, when its shareholders purchased 3,627,426 shares of common stock from company's shareholders, and exchanged all of their shares in Living 3D for 62,590,880 shares of common stock of Living 3D Holdings, Inc.

After the transactions, the shareholders of Living 3D own approximately 95% of the company's issued and outstanding common stock.