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India

Hopewell Holdings Ltd (0054.HK)

0054.HK on Hong Kong Stock

34.15HKD
18 Dec 2018
Change (% chg)

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HK$34.15
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1,218,255
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HK$34.90
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HK$23.70

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Fri, Dec 14 2018

Hopewell woos with buyout deal

HONG KONG, Dec 14 (LPC) - Hong Kong-listed developer Hopewell Holdings is set to go private, backed by a HK$25.2bn (US$3.23bn) loan that is already proving popular with lenders.

Chairman of HK's Hopewell offers to take firm private for $2.7 billion, stock soars

HONG KONG Hopewell Holdings Ltd said a consortium led by its chairman offered to take the Hong Kong-based property and infrastructure group private for HK$21.26 billion ($2.7 billion), sending its stock surging as much as 32 percent.

UPDATE 1-Chairman of HK's Hopewell offers to take firm private for $2.7 bln

* Stock jumps more than 31 pct in resumed trade (Adds management comment, share price surge)

HK's Hopewell says chairman offers to privatise for $2.7 bln

HONG KONG, Dec 6 Hopewell Holdings Ltd said a consortium led by its chairman has offered to take the property and infrastructure group private for HK$21.26 billion ($2.7 billion).

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