Ip Ka Po is confident with new major shareholder

20 Sep - After another delay in paying workers' salary last August, ATV Executive Director Ip Ka Po revealed that the matter has finally been settled.

According to Mingpao news, Ip, who attended an event with ATV stars Eva Lai and Frankie Choi recently, revealed that the August wages have been issued to all workers, including the 20 top executives and himself as well.

"I am confident that as soon as the new shareholder's investment [of RMB10 billion] is in place, everything will turn out okay," said Ip.

He also stated that the company is looking to hire more people, since they are facing a shortage of employees due to previous internal issue. The company will also be implementing some restructuring to resolve the issue for the time being.

As for rumours that he himself might be transferred to another place, Ip stated that he will not worry about it, saying, "After facing a difficult year, I am not afraid of any obstacles ahead."

He assured that ATV will remain the same despite the addition of its new major shareholder, China Culture Media Group.

(Photo source: chinadailyasia.com)