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| Continues to Offer Innovative Entertainment Experience To Maintain its Leadership Position in the Industry |
HONG KONG, July 30, 2014 - (ACN Newswire) - Magnum Entertainment Group Holdings Limited ("Magnum ENT" or the "Group") (stock code: 2080), the operator of the largest group of clubbing venues in Hong Kong in terms of gross floor area ("GFA") and premises capacity, today celebrates the 2nd anniversary of its flagship facility Magnum Club.
Magnum Club is the second-largest clubbing venue in Hong Kong with a GFA of 11,000 sq. ft., targeting high-income customers. Within just two years, Magnum Club has established a strong foothold as the leading premium entertainment club in Hong Kong which incandescently risen as an entertainment hotspot in town. Going beyond the traditional club offering, the Group also utilises its superior facilities and prime location to enhance proactive partnerships with prominent enterprises, media and famous brands for corporate activities and round-the-clock revenue generation. One highlight of Magnum Club's iconic entertainment events was the world premiere of internationally-renowned singer Rihanna's music documentary "Half of Me," setting a new standard for the clubbing industry in Hong Kong.
The total GFA of the clubs operated by the Group, including the Beijing Club and Dizzi Club, exceeds 30,000 sq. ft.. Each club covers different high-end customer market segments through unique decor and a vibrant atmosphere. Committed to providing customers with a distinctive premium entertainment experience, the Group's achievements have been widely recognised. In 2013, all of the Group's clubs have been certified under the "Quality Bar Label Scheme" by the Hong Kong Bar & Club Association for their efficient services and professional management and operations. Moreover, the Group has also garnered the "Hong Kong Emerging Service Brand Award 2014" and the "Hong Kong Most Valuable Services Award 2014" from the Hong Kong Brand Development Council and world-renowned media consultancy firm Mediazone Publishing Group respectively.
Mr. Rocky Wong, Chief Executive Officer of Magnum ENT, said, "Leveraging the platform and advantages of its public listing, Magnum ENT has attracted outstanding partners, helping us to enlarge our market share and achieve its goal of becoming a world-class entertainment venue. With the recent opening of the renovated Dizzi Club, we will continue at the forefront of trends in clubbing and further expand and diversify our customer base. Towards this end, the Group plans to open its fourth subsidiary ZENTRAL at the nightlife nexus in Central, California Tower by the end of this year. The new facility is designed as a posh club in a prime entertainment location thus it is expected to attract a wider segment of upmarket customers and satisfactory revenue. Looking ahead, the Group is determined to expedite its entering to the Mainland China market for expansion and is currently engaged in in-depth research in the country's first-tier cities including Beijing and Shanghai. With our state-of-the-art facilities by executing our strategy, we are confident about the Group's long-term prospects for growth."
Contact:
Strategic Financial Relations Limited
Vicky Lee +852 2864 4834 vicky.lee@sprg.com.hk
Cindy Lung +852 2864 4867 cindy.lung@sprg.com.hk
Sadie Lam +852 2864 4861 sadie.lam@sprg.com.hk
Fax: +852 2527 1196 / 2804 2789
www.sprg.com.hk
Topic: Press release summary
Source: Magnum Entertainment Group Holdings Limited (Magnum ENT)
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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