However, due to continued losses in recent years, theme restaurants, this time is planned for April 13, 2009 completion. SMI will be a typical shell. .the other hand, SMI has had cinema business Star in 2004 has acquired 25% stake in U.S. theaters, SMI also in 2005 through a wholly-owned subsidiary of Sino Logic Limited and sing the U.S. media held to acquire 35% stake in another signed agreement and advance the first down payment, but this acquisition as Qin Hui event was held in abeyance.
from a financial point of view, owned by the Tan Hui Hong Kong-listed companies, SMI's assets, liabilities, financial position or cash flows are relatively .2008 financial report shows a more excellent, SMI and other borrowings of the bank a total of approximately 31.284 million Hong Kong dollars, of which about 17.203 million Hong Kong dollars an unsecured loan of about 11 million HK dollar and 3,081,000 other loans were secured and an unsecured other loans, in addition, no other issue of SMI or equity linked fixed rate bonds and notes. Finally, from the legal proceedings and debt disputes involving point of view, and other listed companies in various lawsuits, SMI relatively clean that case involved much.
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