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Netrove exited its investment in FoaMasters International, one of the largest foam manufacturers in China, following a privatisation exercise whereby the public float shares were bought back by the controlling shareholders. Netrove also advised on the privatization.

Hong Kong – Pixel Media has embarked on a joint venture with Fifth Media JSC with the opening of two offices in Vietnam aimed at owning a slice of the growing online ad market.

Pixel Media Vietnam will be headed by general manager Robin Hii who will lead a team of business and sales managers based in Hanoi and Ho Chi Minh City.

The company will build website partnerships with local web publishers and establish close working relationships with advertisers and agencies as well as develop cross network sales opportunities.

HANOI – Online ad sales house Pixel Media and mobile and digital media firm 5th Media JSC have partnered to launch two offices in Vietnam.

LONDON (Thomson Financial) – Pixel Interactive Media Ltd. said it has formed a Vietnamese joint venture, Pixel Media Vietnam, with private group 5th Media JSC. Financial details were not provided but Pixel Interactive said the venture was funded through existing cash reserves. It added that Pixel Media Vietnam’s ad network portfolio is strong, having already signed advertising sales representation agreements with Vietnamese websites including 24h.com.vn, Zing.vn, Clip.vn and Tamtay.vn.

Pixel Media (The Company), Asia leading online advertising sales network, today announced its continued expansion in Asia through the establishment of a joint venture with the opening of two offices in Vietnam to penetrate Vietnam growing online advertising market.

Drawing advertisers� attention to hktdc.com抯 valuable audience reach

Pixel Media, Asia’s leading online advertising sales network, has become Hong Kong Trade Development Council’s (“HKTDC”) preferred online display advertising sales partner on www.hktdc.com effective immediately.

Pixel Interactive Media Limited, (AIM: PIXL), Asia’s leading online advertising sales network, today is pleased to announce its interim results for the six months to 30 June 2008.

Kowloon, Hong Kong China-based foamer FoaMasters International Ltd, which launched itself on the UK Alternative Investment Market (AIM) in December 2007, warned at its 27 May 2008 Annual General Meeting that full-year performance will be below market expectations.

數年前科網爆破,I.T.人由天堂跌至地獄,全港八間網上廣告銷售公司,七間關門大吉。偏偏從馬來西亞來港打工的黃俊仁,趁僱主DoubleClick摒棄業績見紅的香港業務,竟膽粗粗與兩名拍檔買起公司,創立Pixel Media。

雖然創業後人工大減,三名老闆更要由朝做到晚一腳踢,但卻修成正果。Pixel現佔香港網上廣告龍頭地位,並將公司成功上市,年賺千萬元,而黃俊仁手持的Pixel股票,市值更逾半億。

Entrepreneurship and innovation are the two keys to success in economic development providing for wealth creation and a rising standard of living. Furthermore, the commercialisation of innovation and the growth of entrepreneurial firms require that risk capital is available, in particular at the early stages of a firm’s growth. Most companies seek to raise venture capital to support or stimulate economic growth. Other companies raise venture funding to establish credibility or to access resource networks which their venture capital partners have developed through years of experience. A seasoned venture partner often becomes a valuable confidant, advisor and sounding board for an otherwise lonely chief executive or founder. Today’s global business environment is increasingly competitive requiring decisiveness, broader relationship networks, abundant financial resources, and a global presence in order to compete effectively. The venture capital (VC) relationship can often bring that exact mix of support in addition to financial funding.

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Today Netrove has partners and offices in China, Hong Kong and Malaysia.

Guangzhou

408, Ruida Building, No. 39 Huangpu Avenue (West) Guangzhou, 510620 China
Hong Kong

701, 7/F, Tower 2, Silvercord, 30 Canton Road,Tsim Sha Tsui, Kowloon, Hong Kong
Kuala Lumpur

B-3A-07, Plaza Mont’ Kiara, No. 2, Jalan Kiara, Mont’ Kiara 50480, Kuala Lumpur, Malaysia
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