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IN BRIEF: Sealand Capital Galaxy Unit Secures Deal With TikTok

6th Nov 2020 15:07

Sealand Capital Galaxy Ltd - financial and strategic support provider to entrepreneurs - Reports a new contract win for its subsidiary New Sky Global Media Ltd, a digital marketing and advertising company. The contract is to set-up and operate a new Douyin - more commonly known outside of China as TikTok - campaign to promote Suncity's opportunities in light of the Macau government's planned activities around the revitalisation of its economy and the 67th Macau Grand Prix. The contract is worth USD 45,000 and runs until the end of December.

Elsewhere, Sealand says it is also currently actively developing the offline retail business of Qiaohuajiao Fish Maw in China. The company has established a commercial relationship with Zhuhai Duty Free Group, commencing in late October, with multiple Qiaohuajiao products selling in a Zhuhai-based duty free shop, and on the Zhuhai online shopping platform.

Current stock price: 1.50 pence

Year-to-date change: more than tripled from 0.45p

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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