The rapid modernisation of the media industry in mainland China has created an opportunity for the Group to broaden its business scope. The Media Services business aims to provide media operators with high quality print media distribution and value-added services.

Under a joint venture arrangement with the People's Daily Press, the most authoritative news organisation in the PRC, Greater China Media Services Limited
( "GCMS" ) specialises in the nation-wide distribution of all print media covering newspapers, magazines and books. GCMS provides its clients with valuable first-hand market information on distribution which helps them to capture the ever-changing market. At the same time, GCMS represents an important breakthrough of the Group's media-related business in mainland China.