Wang Zhenhua, Chairman and Executive Director of Future Land Development Holdings Limited, speaks at 2016 Annual Result Announcement in Central on February 27. Photo: SCMP/Edward Wong

Chinese developer Future Land’s US$650 million privatisation bid rejected by shareholders

Billionaire Wang Zhenhua’s plan to take his Hong Kong-listed Future Land Development private failed after shareholders rejected the HK$3.30 per share cash bid

Topic |   China property

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Wang Zhenhua, Chairman and Executive Director of Future Land Development Holdings Limited, speaks at 2016 Annual Result Announcement in Central on February 27. Photo: SCMP/Edward Wong
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