January 22, 2018 / 2:22 AM / 8 months ago

BRIEF-Pou Chen unit Wealthplus Holdings resolved to privatize Pou Sheng International (Holdings) by way of scheme of arrangement

Jan 22 (Reuters) - Pou Chen Corp

* Says wholly owned unit Wealthplus Holdings Limited resolved to privatize Pou Sheng International (Holdings) Limited by way of a scheme of arrangement

* Subject to the scheme of arrangement becoming effective, unit proposes to make offers to all ordinary shareholders and Optionholders of Pou Sheng

* The total transaction amount will be approximately HK$10.91 billion

Source text in Chinese:goo.gl/vtBw5K

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below