SUBSCRIBERS
Billionaire Wang wins investors' nod for record HK$34.5b buyout
Published Tue, Aug 16, 2016 · 09:50 PM
Beijing
BILLIONAIRE Wang Jianlin has won shareholders' approval to buy out his property unit for HK$34.5 billion (S$6 billion), clearing the way for the biggest-ever privatisation deal in Hong Kong. The unit's shares rose.
The HK$52.80-a-share bid for all of Dalian Wanda Commercial Properties' Hong Kong-listed shares was supported by more than 88 per cent of mino…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Lucrum Capital looks to sell Killiney hotel site for S$195 million
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction
US Judge approves US$418 million settlement that will change real estate commissions