Vista Group International Increases Stake in Vista China

Vista Group International Limited announced that it has signed agreements which bring Vista China back as a consolidated entity of Vista Group.

Following a successful 18 month period of minority ownership, during which Vista China has almost doubled its revenue, Vista Group has agreed with its partner WePiao that the time is right for Vista Group to increase its stake and play a greater part in the future of the Vista China business.

To that end Vista Group confirms that it has signed an agreement with Beijing Weying Technology Co, Limited (WePiao) to acquire 7.9% of the equity in Vista Entertainment Solutions Limited, Shanghai (Vista China) which was held by WePiao – with the result that Vista Group and WePiao will each own 47.5% of Vista China. Through shareholder agreements Vista China will become a controlled entity within Vista Group and its results will be consolidated from the date regulatory approval is obtained.

The $NZD7.7m price for this 7.9% stake (based on the original valuation of Vista China in 2016) has been ‘set-off’ against the monies outstanding from WePiao to Vista Group on the original equity purchase undertaken by WePiao in 2016.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s