AKD advises PSS

June 8, 2018

​PSS, designer, developer and manufacturer of sound systems for automotive and consumer electronics markets acquired Crown Million Industries (International) Ltd (Hong Kong) and its subsidiary DongGuan Shinhint Audio Technology Limited (China) from Shinhint Industries Ltd (subsidiary of Yuhua Energy Holdings Limited, listed on the stock exchange of Hong Kong).

Crown Million is a supplier of speakers and electro-acoustic solutions and DongGuan Shinhint Audio Technology Limited is its production facility in China. This acquisition allows PSS to ensure the quality of its sound systems.

The team of AKD that advised PSS on the sale consisted of François Koppenol and Arjen de Pril.

See the announcement published in accordance with the Hong Kong stock exchange rules.

Sign up for newsletter