News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
SOUNDWILL HOLD Falters 15%+ in Early Trading as Privatization Falls Through
Having seen the privatization bid collapse, SOUNDWILL HOLD (00878.HK) opened sinking 14.5% this morning (26th) and once bottomed at HKD5.42 in early trading. It last traded at HKD5...
Reset
Send
The window will close in 5 seconds
SOUNDWILL HOLD Falters 15%+ in Early Trading as Privatization Falls Through
Close
Recommend
4
Positive
6
Negative
3
 
SHORT SELL
 
STOCK INFO

Having seen the privatization bid collapse, SOUNDWILL HOLD (00878.HK)  -0.010 (-0.181%)   opened sinking 14.5% this morning (26th) and once bottomed at HKD5.42 in early trading. It last traded at HKD5.5, down 15.25%, on a volume of 1.196 million shares, involving HKD6.5879 million.

Earning Ease, the offeror, and SOUNDWILL HOLD jointly announced after market close last Friday (23rd) that the offeror's proposal to privatize the company by way of a scheme of arrangement was not approved at the court meeting, with 39.52% of votes cast against it. Accordingly, the resolution will not take effect and the special dividend will not be distributed.
(HK stocks quote is delayed for at least 15 mins.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.