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Cofco, the mainland's largest food trader and processor, is injecting mainland property assets valued at HK$14.17 billion into its Hong Kong-listed property unit, Hong Kong Parkview Group, in a ...
Shares in The Hong Kong Parkview Group shot up nearly 43 per cent yesterday after Cofco Corporation announced a HK$362.18 million takeover bid for the property investment company. The stock climbed to ...
The son of an HSBC Holdings Plc leader has spent at least HK$231 million ($29 million) buying luxury properties in Hong Kong this year, as the city’s home prices hover at an eight-year low. Jeremy ...
The $1.8 billion transaction will complete a reverse takeover that was initiated more than a year ago. A $600 million placement is planned to fund future operations and maintain the free-float at 25%.
Cash-strapped builder Parkview Group has until March 17 to avoid a potential default on a $940 million loan tied to a landmark mall complex in Beijing, according to people familiar with the matter.
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