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Shareholders vote down Meitu's (01357) Dreamscape acq
18 Apr 2019
(Infocast News) Meitu, Inc. (01357) announced that its proposed acquisition of 31% issued share capital of Dreamscape Horizon from Leyou Technologies Holdings (01089) was supported by 26.26% of the votes cast at an extraordinary general meeting held today.

As less than 50% of the votes were cast in favour of the resolution, the resolutions was not passed by the shareholders.

Dreamscape Horizon owns 97% stake in Digital Extremes (DE Canada), which is principally engaged in the development of video games for both PC and console platforms such as PS4, Xbox One and Nintendo Switch.

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