User:Thomas Kong62704/Sandbox 4

The third TV channel in Malit
Before the creation of the third TV channel in the country, there are only two TV companies for transmitting countrywide, the one is government-owned MBS, and the one is private-owned KBC.

Mark Lee Yizung traveled to Gonghei in 1984 to ask ABS to create a new channel.

The bids of the auctions of third TV channel are:

As results, IBM and MIN's bids failed on the bid for the quality grounds, and YBN won on the bid.
 * Macrocosm Broadcasting Company (by founding its television division, later founded its cable channel Entervision)
 * Yizung Broadcasting Network by Mark Lee, ABS, and its local investors.
 * Independent Broadcasting Malit (by creating regionwide companies, the concept later borrowed by Hoi Yeung Television.)
 * Malitian Independent Network (MIN) by Hutchison Whampoa (later then-owner of Star TV), Wheelock & Co., and the local investors.