Hopewell Holdings Ltd (0054.HK)
17 Dec 2018
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.
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.
* Stock jumps more than 31 pct in resumed trade (Adds management comment, share price surge)
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).