• Sat
  • Aug 23, 2014
  • Updated: 10:30pm

Fountain's package

PUBLISHED : Thursday, 24 August, 1995, 12:00am
UPDATED : Thursday, 24 August, 1995, 12:00am

DIRECTORS of Fountain Set (Holdings) say they are closer to agreeing to a privatisation package for the firm.


Since the proposal was announced on May 9, a consortium led by chairman Ha Chung-fong with fund manager Value Partners has been negotiating funding, the firm's announcement said.


The agreement is expected to be ready by September 21.


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