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ICL gets EGM nod for purchase of stake in holder of China park rights

Firm to buy 60% of Global Entertainment Media

ICL's Mr Wan said given the rising popularity of cultural tourism in China, and Wonder Stone Park's well developed infrastructure and amenities, the park will be able to generate "stable, recurrent income".


REAL estate firm Imperium Crown Ltd (ICL) has received the green light at an extraordinary general meeting on Friday to acquire a 60 per cent stake in Global Entertainment Media (GEM) as it banks on China's growing tourism industry.

GEM, via subsidiary Linyi Yin Sheng,...

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