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
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
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
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