Ron Chan Tze-ngon, chairman of Technology Venture Holdings, with Fan Li-ming, the company's chief executive, at a press conference at the JW Marriott Hotel yesterday at which it is announced that Technology Venture has bought a 55 per cent stake in Lightyear Enterprises for HK$68.2 million.
Lightyear is the holding company of Advanced Digital Technology, which provides a range of services such as systems integration, software development, and engineering services for mainland finance, telecommunications, utilities and public-sector companies.
Its clients include major mainland state-owned banks such as the Bank of China.
Mr Chan says Technology Venture is now considering potential investments in data communications projects in the mainland.
