Globavend forms digital entertainment unit in China
On October 27, 2026, Globavend Holdings Ltd (GVH) reported establishing Loomi Shenzhen Entertainment Technology Company Limited, a newly formed, non-wholly-owned subsidiary incorporated in the People’s Republic of China.
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Rhea-AI Filing Summary
On October 27, 2026, Globavend Holdings Ltd (GVH) reported establishing Loomi Shenzhen Entertainment Technology Company Limited, a newly formed, non-wholly-owned subsidiary incorporated in the People’s Republic of China. Globavend says the subsidiary is intended to support expansion of its digital entertainment business in mainland China.
Key Terms
non-wholly-owned subsidiary financial
forward-looking statements regulatory
Cayman Islands exempted company regulatory
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What is Loomi Shenzhen and what is its purpose for GVH?
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