Shun Cheong placement on hold

PUBLISHED : Monday, 08 October, 2001, 12:00am
UPDATED : Monday, 08 October, 2001, 12:00am

A court has stopped Shun Cheong Holdings from placing 77 million new shares until the court says otherwise. On Thursday it will hear arguments by Shun Cheong and second-largest shareholder George Kwok Shun-on, who considers the placement would be unfavourable to minority investors.


 
 
 
 

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