Middle Kingdom Paradiso Corp.
TSX VENTURE : MKC.P

December 19, 2008 16:33 ET

Middle Kingdom Paradiso Corp. Announces Shareholder Approval of Qualifying Transaction

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2008) - Middle Kingdom Paradiso Corp. (TSX VENTURE:MKC.P) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Middle Kingdom Paradiso Corp. (the "Corporation"), a capital pool company listed on the TSX Venture Exchange Inc. ("TSXV"), is pleased to announce that, at a special meeting of shareholders of the Corporation held on December 16, 2008, the Corporation received shareholder approval in connection with its previously announced Qualifying Transaction.

The shareholders of the Corporation also approved and ratified a number of items in connection with the Qualifying Transaction. The items approved and ratified include, among others, the change of the name of the Corporation to "Mega View Digital Entertainment Corp.", the creation of a class of preferred shares and the approval of a new stock option plan. The following people were also appointed as directors of the Corporation; Rupert Brendon, Tom Enright, Charles Kwan, Allan Lam, Raymond Lo, Anthony Ng and Luc Perron.

The Qualifying Transaction remains subject to final approval from the TSXV.

Further information concerning the Corporation and the Qualifying Transaction are included in the Corporation's Information Circular dated November 21, 2008 and its other filings, all of which are available on SEDAR at www.sedar.com.

The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

Contact Information

  • Middle Kingdom Paradiso Corp.
    Ermo Ou
    Chief Financial Officer
    (905) 889-7008
    or
    Mega View Management Services Inc.
    Allan Lam
    President and Chief Executive Officer
    (+11) 8621-6447-9985