Jeffrey Koo Jnr

Next's sale of Taiwan print arm collapses

An attempt by a pro-China Taiwanese businessman and three associates to purchase the Apple Daily and Next Magazine has fallen through. Photo:EPA

Next Media's sale of its Taiwanese print business has fallen through a day before the deadline, but the sale of its television operation continues, a spokesman said yesterday.

Wednesday, 27 March, 2013, 4:50am

Jeffrey Koo removed as leader of Next Media buyout consortium

Next Media, which has a building in Taipei, Taiwan, has sold its print and television arm for HK$4.66 billion. Photo: CNA

Next Media, a company controlled by Hong Kong tycoon Jimmy Lai Chee-ying, has disclosed more details of the recently agreed sale of the company's Taiwan print and TV businesses to a group of Taiwanese businessmen, after changes in the composition of the consortium.

14 Dec 2012 - 3:00am

Next Media close to finalising sale of assets in Taiwan

Jimmy Lai

Jimmy Lai Chee-ying was expected to complete the sale of Next Media's print and television holdings in Taiwan last night, following the signing of a definite agreement with the buying consortium at a hotel in Macau.

Lai's assistant, Mark Simon, said late last night the two sides were still ironing out the details of the deal.

28 Nov 2012 - 2:34am

HK$4.7b deal to sell Jimmy Lai's Taiwan unit postponed

Hundreds of Apple Daily staff in Taipei gathered on Friday to call for guarantees over jobs and independent news coverage. Photo : EPA

The HK$4.7 billion deal for the sale of publishing tycoon Jimmy Lai Chee-ying's Next Media holdings in Taiwan was put on hold yesterday, hours before it was supposed to have been sealed.

18 Nov 2012 - 4:44am 1 comment