The Armada offer, together with the 59 HK cents special dividend and the HK$1.59 cash dividend after the sale of the South China Morning Post to Alibaba in April, now represents a total of HK$3.5334 per share paid to Armada shareholders. SCMP Pictures

Armada bought by state investment firm China Great Wall Asset Management for HK$1.57b

Former owner of SCMP turned into mainland property firm

TOP PICKS

The Armada offer, together with the 59 HK cents special dividend and the HK$1.59 cash dividend after the sale of the South China Morning Post to Alibaba in April, now represents a total of HK$3.5334 per share paid to Armada shareholders. SCMP Pictures
READ FULL ARTICLE