(3 April 2023, Hong Kong) Television Broadcasts Limited (“TVB” or “the Company”, stock code: 00511.HK) is delighted to announce that the Company has entered into a business advisory agreement (the “Agreement”) with Chartwell Ventures Limited (“Chartwell”).

Chartwell is a private investment holding and management consulting firm based in Hong Kong and founded by Ronald Chan, who is also the founder and Chief Investment Officer of Chartwell Capital Limited. Funds managed by Chartwell Capital Limited are shareholders of the Company, with an aggregate interest of less than 5%.

Pursuant to the Agreement, Chartwell will advise the Company in building long-term strategic relationships and collaboration with business partners to expand their market presence and footprint by accessing the Company’s television and digital media network.

Ian Lee, Head of Corporate Development and Acting Chief Financial Officer of TVB said, “Chartwell is a prominent home-grown company in Hong Kong with a wealth of experience and deep networks within our city’s business and financial communities. We look forward to working with Chartwell to build new partnerships with brand owners and businesses, using our considerable media reach to bring their stories to our audiences.”  

Ronald Chan, Founder and Managing Director of Chartwell said, “TVB is a world-class producer of programs, and has extensive expertise in talent development. As it revitalizes its diverse platforms and channels for the digital age, we see tremendous opportunities to enhance TVB’s connectivity into the Hong Kong and regional business communities. We are delighted to be part of TVB’s development in this new era.”