NEW YORK, Oct. 25, 2021 /PRNewswire/ — Colour Star Know-how Co., Ltd. (NASDAQ: CSCW) (hereinafter known as “Colour Star” or the “Firm”), an leisure expertise firm with a worldwide community that focuses on the appliance of expertise and synthetic intelligence (AI) within the leisure business, introduced at the moment that its wholly-owned subsidiary, Colour China, formally entered right into a settlement with Coldwell Banker UAE to leverage Caldwell Banker UAE’s deep assets and strengths in worldwide actual property to assist Colour Star safe venues for actual estate-related cultural tourism.
With Coldwell Banker UAE’s mature operations construction and plentiful assets within the Center East, Europe, and United States, Colour Star’s cooperation with the agency rests on the super worth they’ll deliver. Coldwell Banker UAE is a world-renowned actual property brokerage agency with 116 years of business expertise and 16 years of native expertise within the UAE. The agency is dedicated to offering probably the most skilled and high-quality actual property companies and options to clients who put money into UAE actual property.
Upon implementation of a strategic cooperation settlement, Colour Star will entrust Coldwell Banker UAE with the number of efficiency venues, filming websites, coaching bases, and funding and growth of different actual property initiatives. When it comes to enterprise growth, Colour Star has centered on the mix of on-line leisure through expertise and offline bodily initiatives. In recent times, with speedy growth of the Firm’s enterprise and steady enlargement of the abroad market, associated sectors turned concerned. This yr, a collection of huge strikes by Colour Star — from large-scale performances, to filming web site and coaching base choice, would require the fitting bodily venues.
Douglas P. Menelly, Director of Communications of Colour Star, commented: “Actual property is a mainstay of the worldwide economic system, and even for an leisure expertise firm, some companies could be built-in. Within the meantime, as Colour Star evolves to turn out to be a composite firm, cooperation with highly effective worldwide actual property corporations can vastly enhance the longer term growth and development of our general enterprise.”
About Colour Star Know-how
Colour Star Know-how Co, Ltd. (Nasdaq CM: CSCW) is an leisure and training firm that gives on-line leisure performances and on-line music training companies. Its enterprise operations are carried out by its wholly-owned subsidiaries Colour China Leisure Ltd. and CACM Group NY, Inc. The Firm’s on-line training is offered by its Colour World music and leisure training platform. Extra details about the Firm could be discovered at www.colorstarinternational.com.
This press launch accommodates forward-looking statements as outlined by the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements embody statements regarding plans, aims, objectives, methods, future occasions or efficiency, and underlying assumptions and different statements which are apart from statements of historic information. When the Firm makes use of phrases reminiscent of “might,” “will,” “intend,” “ought to,” “imagine,” “count on,” “anticipate,” “undertaking,” “estimate” or related expressions that don’t relate solely to historic issues, it’s making forward-looking statements. Ahead-looking statements will not be assure of future efficiency and contain dangers and uncertainties that will trigger the precise outcomes to vary materially from the Firm’s expectations mentioned within the forward-looking statements. These statements are topic to uncertainties and dangers together with, however not restricted to, the next: the Firm’s objectives and methods; the Firm’s future enterprise growth, together with cooperation to find appropriate venues; product and repair demand and acceptance; adjustments in expertise; financial circumstances; the expansion of the academic and coaching companies market in China and different international locations the place CSCW conducts its enterprise; fame and model; the affect of competitors and pricing; authorities laws; fluctuations basically financial and enterprise circumstances and assumptions underlying or associated to any of the foregoing and different dangers contained in reviews filed by the Firm with the Securities and Trade Fee. For these causes, amongst others, buyers are cautioned to not place undue reliance upon any forward-looking statements on this press launch. Further elements are mentioned within the Firm’s filings with the U.S. Securities and Trade Fee, which can be found for assessment at www.sec.gov. The Firm undertakes no obligation to publicly revise these ahead–wanting statements to mirror occasions or circumstances that come up after the date hereof until required by relevant legal guidelines, laws or guidelines.
Disclosures: Mr. Menelly’s companies are being offered to Colour Star Know-how Co., Ltd. by a proper association between Colour Star Know-how Co., Ltd. and Skyline Company Communications Group, LLC.
Skyline Company Communications Group, LLC might be compensated by Colour Star Know-how Co., Ltd.’s (Nasdaq: CSCW) wholly owned subsidiary, Colour China Leisure Ltd., for offering investor relations companies to the Firm. Please see the 17(b) Disclaimer and Disclosure Assertion right here: www.skylineccg.com/disclosures
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SOURCE Colour Star Know-how Co., Ltd.