Offers an Innovative Trendy Entertainment Experience and Consolidates Leadership Position in the Industry
Hong Kong, July 9, 2014 - (ACN Newswire) - Magnum Entertainment Group Holdings Limited ("Magnum ENT" or the "Group") (stock code: 2080), the operator of the largest group of clubbing venues in Hong Kong in terms of gross floor area ("GFA") and premises capacity, is pleased to announce that the renovation of its Billion Club has been completed and subsequently renamed Dizzi Club. The brand new Club has opened today to provide continuous innovation and persistent endeavor in staying ahead of the trend. Dizzi Club introduces a new dimension to nightlife and trendy style to attract more customers and further consolidates the Group's leadership position in the entertainment industry.
Occupying a GFA of more than 7,000 sq.ft., Dizzi Club provides a distinguished trendy clubbing venue to its target customers, mid to high income-ranged professionals aged over 21. The Club has implemented the Group's membership programmes available at other clubs offering members VIP customer status and a range of benefits and privileges. The Club's prime location at the heart of Central and superior facilities should help further enlarge the Group's market share. The Group also plans to utilise its unique advantages to enhance its partnership with prominent enterprises, media and famous brands for corporate activities for round-the-clock revenue generation. Other venues operated by the Group also include Magnum Club and Beijing Club. Each of the clubs covers different high-end customer market segments through a distinct artistic design and vibrant atmosphere.
Mr. Rocky Wong, Chief Executive Officer of Magnum ENT, said, "The Group has been closely monitoring the latest industry trends and infusing existing clubs with novel concepts so as to provide a unique entertainment experience to our customers and drive business development. The new Dizzi Club diversifies our customer base, thereby broadening our income sources. Besides, the Group plans to open a new club called Zentral in the second half, and related works are proceeding smoothly. We are also looking for investment opportunities and evaluating expanding our business to region outside Hong Kong including mainland China and Southeast Asia. With a clear development blueprint in place, the Group is confident it can achieve long term sustainable business growth."
The brand new Dizzi Club incorporates the exciting elements of other high-end clubs in Asia in a trendy and stylish setting energetically presented. The design concept of Dizzi Club is inspired by the real-life maze of alleys interleaving the busy streets of Central. Entering patrons are dazzled by a 60-feet hand-painted mural. The Club also houses an elegant bar illuminated by a splendid lighting system and a state-of-the-art professional audio system and turntables. Added comfort is provided by 12 sets of imported leather deck sofas and VVIP areas. For greater enjoyment, all seats face the DJ sets and have individual dancing areas, in effect creating a private stage for customers. Dizzi Club will continue to present innovative entertainment experiences to nightlife aficionados and tourists capitalising on its unique style.
About Dizzi ClubAddress: 3/F, On Hing Building, 1 On Hing Terence, Central, Hong KongDesign concept of the Club: Targets mid to high income-ranged professionals aged over 21 with a trendy and stylish presentationBusiness hours: Operates three nights a week from Thursday to Saturday 11pm till late
About Magnum Entertainment Group Holdings Limited (Magnum ENT)
Magnum ENT is the first clubbing venues operator listed on the Hong Kong Stock Exchange. The Group operates the largest group of clubbing venues in Hong Kong, in terms of gross floor areas and premise capacity. The Group's clubbing business now comprises of Beijing Club, Dizzi Club and Magnum Club, with an aggregate gross floor area of over 30,000 square feet. The Group owns the largest market share in the Lan Kwai Fong area in terms of number of outlets. The Group plans to open a new high-end exclusive club, Zentral, in the new California Tower in Lan Kwai Fong area in the second half of 2014 with an estimated gross floor area reaching 12,000 square feet.
For more information about Magnum ENT, please visit: http://www.magnumentertainment.com.hk/main.php
Source: Magnum Entertainment Group Holdings Limited (Magnum ENT)
Contact:
Strategic Financial Relations Limited Vicky Lee +852 2864 4834 / 9471 2009 vicky.lee@sprg.com.hk Sadie Lam +852 2864 4861 / 9838 9016 sadie.lam@sprg.com.hk Naomi Dryden +852 2114 4915 / 6041 3308 naomi.dryden@sprg.com.hk Fax: +852 2527 1196 / 2804 2789 www.sprg.com.hk
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