A Chinese Estates shareholder at Friday’s special general meeting in Hong Kong. Photo: Ka Sing Lam
A Chinese Estates shareholder at Friday’s special general meeting in Hong Kong. Photo: Ka Sing Lam

Shareholders reject Chinese Estates privatisation offer by Joseph Lau’s family

  • The plan was rejected by a majority of minority shareholders at a special general meeting on Friday, the company said in an exchange filing
  • Only ‘fools’ would accept the HK$4 a share offered, one investor said before the vote

Topic |   Hong Kong property
A Chinese Estates shareholder at Friday’s special general meeting in Hong Kong. Photo: Ka Sing Lam
A Chinese Estates shareholder at Friday’s special general meeting in Hong Kong. Photo: Ka Sing Lam
READ FULL ARTICLE