BRIEF: Tam Jai privatization overwhelmingly approved by shareholders
Hong Kong rice noodle chain Tam Jai International Co. Ltd. (2217.HK) announcedon Monday that its privatization plan was approved by an overwhelming majority of its shareholders. Following that development, the…
Macao’s end of an era, and a ghost ship in search of a business
An era has ended in Macao with the planned closure of the city's remaining "satellite casinos" by the end of the year. Does this represent the latest step in the corporatization of Macao? And former financier-turned-educator-turned -food seller Qudian has announced it's pulling out of its latest foray into last-mile delivery. What value for investors is there in this kind of ever-changing company?
ENN bids to reshape its gas business with listing switch-up
ENN Natural Gas, part of China’s ENN energy group, is looking to buy out a listed subsidiary and take the firm’s place on the Hong Kong stock market Key Takeaways:…
Zeekr’s buyout stalls, and Chagee’s returns cool
A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?
BRIEF: Goldlion privatization rejected by shareholders
Apparel maker Goldlion Holdings Ltd. (0533.HK) announced on Friday that a plan to privatize the company from major shareholder and Chairman Tsang Chi Ming was rejected by shareholders. Shareholders representing…
BRIEF: Bossini privatization approved, to delist in mid-March
Casual wear retailer Bossini International Holdings Ltd. (0592.HK) said on Monday its shareholders overwhelmingly accepted a privatization offer from Viva Goods Co. Ltd. (0933.HK), a company under sportswear seller Li…
Goldlion joins stock retreat as brand loses its luster
The menswear maker has become the latest firm to announce plans to delist from the Hong Kong market as it grapples with weak Chinese consumption Key Takeaways: The privatization is…