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Pou Sheng International Holdings Ltd (3813.HK)

3813.HK on Hong Kong Stock

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Mon, Jan 22 2018

China's Pou Sheng gets $1.4 billion offer to go private, shares soar

HONG KONG Pou Sheng International (Holdings) Ltd said it had got a proposal from its Taiwanese parent Pou Chen Corp to be taken private in a deal valuing the firm at $1.4 billion, sending shares in the Chinese sportswear retailer up 31 percent.

UPDATE 2-China's Pou Sheng gets $1.4 bln offer to go private, shares soar

* Taiwan parent offers 32 pct premium to take Pou Sheng private

CORRECTED-UPDATE 1-Chinese sportswear retailer Pou Sheng Int'l receives $1.4 bln privatisation offer

HONG KONG, Jan 21 Chinese sportswear retailer Pou Sheng International (Holdings) Ltd has received a proposal from Pou Chen Corp to be taken private that values it at around HK$11 billion ($1.4 billion), it said in a stock exchange filing on Sunday.

CORRECTED-Sportswear retailer Pou Sheng Intl receives $1.4 bln privatization proposal

HONG KONG, Jan 21 Hong Kong-listed Chinese sportswear retailer Pou Sheng International (Holdings) Ltd has received a proposal from Pou Chen Corp to be taken private that values it at around HK$11 billion ($1.4 billion), it said on Sunday in a stock exchange filing.

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

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

Sportwear retailer Pou Sheng set to open up 27 pct on plans to go private

HONG KONG, Jan 22 Shares of Chinese sportswear retailer Pou Sheng International (Holdings) Ltd set to open 27.3 percent higher on plans by its Taiwanese parent to take it private.

BRIEF-Pou Sheng International Posts‍ Dec Net Consolidated Operating Revenue Of RMB1.69 Bln

* ‍DEC NET CONSOLIDATED OPERATING REVENUE RMB1.69 BILLION VERSUS RMB1.40 BILLION Source text for Eikon: Further company coverage:

BRIEF-Pou Sheng International Holdings posts‍ Nov Net Consol Operating Revenue of RMB1.47 Bln

* ‍ NET CONSOLIDATED OPERATING REVENUE FOR NOVEMBER RMB1.47 BILLION VERSUS RMB1.22 BILLION Source text for Eikon: Further company coverage:

BRIEF-Pou sheng international holdings 9-month ‍revenue rmb13.88 billion versus rmb12.16 billion

* ‍9-month profit attributable to owners RMB337 million versus RMB522.2 million Source text for Eikon: Further company coverage:

BRIEF-Pou Sheng International Holdings posts Sept net consolidated operating revenue of RMB1.57 bln

* ‍September net consolidated operating revenue RMB1.57 billion Source text for Eikon: Further company coverage:

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