Property Investments

Lifestyle International chief executive Thomas Lau is unsure whether Chow Tai Fook will retain its stake in the retailer. Photo: Nora Tam

Sogo owners to spin off parts of property empire

Market sources said the firm aimed to raise between HK$200 million and HK$300 million by way of introduction instead of an initial public offering. That means shares would be issued either to Lifestyle shareholders or private investors.