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Stock Market & Financial Investment News

News Breaks
June 26, 2014
08:29 EDTCMGEChina Mobile Games issues statement on restructuring and bribery allegations
China Mobile Games stated that, as announced on 20 June, there was an implementation of organizational restructuring and personnel changes in its game publishing business, one of the three business segments of the company and that the purpose of the restructuring is to streamline the company's operations. The company also stated that to the best of its knowledge, it is currently unaware of any evidence of bribery but nevertheless, the independent committee has been formed to look into and address the circulating market speculations. An external law firm will be appointed to assist the independent committee. The company will announce further update on the results of its independent committee's investigation.
News For CMGE From The Last 14 Days
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October 22, 2014
06:09 EDTCMGEChina Mobile Games granted 12 character licenses
China Mobile Games has been authorized to develop mobile games based on twelve famous Sanrio characters including Hello Kitty.

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