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Asiaray Media Group Limited, an investment holding company, operates as an out-of-home media company in the People's Republic of China, Hong Kong, Macau, and Southeast Asia. The company operates through Airports Business, Metro and Billboards Business, and Bus and Other Business segments. It develops and operates out-of-home advertising media, including advertising in airports, metro lines, and billboards and building solutions. In addition, the company offers advertising services in bus exterior and interior, and bus shelter, as well as advertising services from other media spaces. Further, it provides design, consultancy, construction, and maintenance services; advertising production, installation, and dismantling services; and design engineering and consulting services, signage, and street furniture activities, as well as invests in properties. The company was founded in 1993 and is headquartered in Quarry Bay, Hong Kong. Asiaray Media Group Limited is a subsidiary of Media Cornerstone Limited.