Picture of Sing Tao Daily on February 2, 2021. Photo: Nathan Tsui
Picture of Sing Tao Daily on February 2, 2021. Photo: Nathan Tsui

Property magnate’s 26-year-old daughter buys Sing Tao, sends Hong Kong paper’s shares soaring by 54 per cent to five-month high

  • 28 per cent stake acquired at premium of 65 per cent over stock’s last trading price
  • Deal conducted in cash off the market while chairman Charles Ho will sell out all stakes after holding the newspaper company for 20 years

Picture of Sing Tao Daily on February 2, 2021. Photo: Nathan Tsui
Picture of Sing Tao Daily on February 2, 2021. Photo: Nathan Tsui
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