Business
Market Update: New Contract Win and Partnership
Market Update: New Contract Win and Partnership.
About this update from Sealand Capital Galaxy Ltd.
[{"type":"text","content":"\n \n \n \n RNS Number : 4383E\n Sealand Capital Galaxy Limited\n 06 November 2020\n \n \n \n \n For immediate release: 07.00, 6 November 2020\n \n \n \n \n \n Sealand Capital Galaxy Limited (LSE: SCGL)\n \n \n (\"Sealand\" or \"the Company\")\n \n \n \n Market Update: New Contract Win and Partnership with Zhuhai Duty Free Group\n \n \n \n \n \n Sealand Capital Galaxy Limited (LSE: SCGL) is pleased to update the market on a new contract win for its subsidiary New Sky Global Media Limited (\"NSG\"), a digital marketing and advertising company providing professional 'one-stop' solution services to multinational corporations. The Company is further pleased to update the market on its developing commercial relationship with the Zhuhai Duty Free Group (\"Zhuhai\").\n \n \n \n \n \n New Sky Global Media Limited: Contract Win\n \n \n NSG has been awarded a new project by its longstanding client, Suncity Group Leisure Services (\"Suncity\"). The contract is for NSG to set-up and operate a new Douyin (more commonly known outside of China as TikTok) campaign to promote Suncity's opportunities in light of the Macau government's planned activities around the revitalization of its economy and the 67th Macau Grand Prix.\n \n \n \n \n \n The contract is worth USD 45,000 and runs until the end of December 2020. The project will be jointly executed by NSG and Tenet, an experienced short video producer that has been working with NSG since 2019 and will comprise a total of 20 short Douyin videos. The service also includes content planning, shooting, post production and release. As Suncity is one of the major sponsors of this year's 67th Macau Grand Prix, NSG will arrange for the shooting of live events during the race. \n \n \n \n \n \n Partnership with the Zhuhai Duty Free Group\n \n \n As previously announced, Sealand is also currently actively developing the offline retail business of Qiaohuajiao Fish Maw in China. The Company has established a commercial relationship with Zhuhai, commencing in late October 2020 with multiple Qiaohuajiao products selling in a Zhuhai-based duty free shop, and on the Zhuhai online shopping platform. \n \n \n \n \n \n Zhuhai has ample practical experience in the operation and management of three major business areas: tax free, duty free, and bonded ...