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SCMP Reporter

PELOTA Worldwide is to buy almost 60 per cent of Kai Ming Investment Co and will make an unconditional cash offer for Kai Ming through its financial adviser, Philotech Capital.

  The offer followed its agreement to buy 27.61 million shares in Kai Ming at $7.27 each from directors Chui Kwok-ying and Kwau San-hang, and the estate of Kwan Kai-ming. The shares represent about 59 per cent of Kai Ming.



Offer for Kai Ming