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SCMP Reporter

Shares of Lai Sun Development (LSD) and its mainland property arm Lai Fung Holdings were suspended from trading yesterday pending an announcement. The stock exchange said it related to LSD's granting of an option to a wholly owned subsidiary of Bank of China to subscribe for 250 million shares in Lai Fung.



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Bank of China (BOC)

Stock on hold as LSD grants Lai Fung option