Five parties declare interest in 71pc Shui Hing family stake

Department store operator Shui Hing Co says five separate parties are interested in buying part or all of a 71 per cent interest in the company from its controlling shareholder, Daniel Koo Shing-cheong, and his family. Shares in Shui Hing were suspended yesterday after soaring 42.5 per cent to $15.40 within half an hour. Shui Hing applied to resume trading today.