Floating Button
Home News Company in the news

GHY incorporates Uni-Icon as wholly-owned subsidiary with remaining 30% share acquisition

Douglas Toh
Douglas Toh • 1 min read
GHY incorporates Uni-Icon as wholly-owned subsidiary with remaining 30% share acquisition
GHY's executive chairman and group CEO Guo Jingyu. Photo: Albert Chua/The Edge Singapore
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

GHY Culture & Media has acquired the remaining 30% of shares from iQIYI to become the full owner of Uni-Icon.

Previously a joint venture between GHY and iQIYI, the acquisition and the cessation of Uni-Icon was mutually agreed upon between both parties, with a consideration paid by GHY for the sale shares at a nominal cash consideration of RMB1.00 (19 cents) per share. 

As at Dec 31, 2024, the book value and net tangible asset value of Uni-Icon is $22,123. According to GHY, there is no open market value for the shares acquired as they are not publicly-traded.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.