Mark Lee Po-on, TVB’s chief executive officer, had expected the repurchase offer to follow quickly after TLG Movie & Entertainment Group dropped its proposed offer on March 7 to buy a 29.9pc stake in the 49-year-old broadcaster. Photo: K. Y. Cheng

TVB defers dispatch of share repurchase document

Broadcaster fails to get stock regulator’s approval to issue its buyback offer document on Friday

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Mark Lee Po-on, TVB’s chief executive officer, had expected the repurchase offer to follow quickly after TLG Movie & Entertainment Group dropped its proposed offer on March 7 to buy a 29.9pc stake in the 49-year-old broadcaster. Photo: K. Y. Cheng
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