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Wednesday, 20 April 2011
AMEDIA bulls as it receive ETP project
Asia Media will invest in developing the first Digital Live Transit-TV Broadcasting infrastructure in Malaysia. By adopting international broadcasting standard infrastructure, Asia Media is capable of delivering live video & voice into the transportation industry in the country.
Leveraging on its extensive Transit-TV network, which extends to over 3,000 Transit-TVs with Rapid K.L., Causeway Links and Konsortium Transnational Group, Asia Media is positioned to extend its Transit-TV network system into the LRT, Monorail and eventually the MRT. Asia Media also intends to venture its business model in foreign countries such as Singapore and Indonesia.
Investment: RM500 million by 2015
GNI Impact: RM604 million
Jobs Created: 400
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