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

Topic |   Mergers & Acquisitions
Picture of Sing Tao Daily on February 2, 2021. Photo: Nathan Tsui 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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