Reply With QuoteHopefully this is a significant development Bolt. Fingers crossed for a much needed piece of good news!
KRO
Hall Of Fame
Birmingham City's parent company Birmingham International Holdings (BIHL) have today announced to the stock exchange a halt to trading in shares ahead of a 'price sensitive' announcement.
Trading was suspended at 0855 HKT (1.55am) ahead of the news which will affect the way the company is run.
It's likely that news of a potential takeover could be announced shortly with the identity of the preferred bidder being released.
BIHL have been going through offers from up to five different groups for nearly a fortnight now.
It is believed the two British-based parties were down the pecking order, although news has still not filtered through regarding the identity.
BIHL are aware of the gravity of the current situation and they know they have to sell.
They have been hopeful of a quick resolution, especially as Panos Pavlakis flew out to Hong Kong from Birmingham to help accelerate the process.
More on this story throughout the day.
Hall Of Fame
Hopefully this is a significant development Bolt. Fingers crossed for a much needed piece of good news!
KRO
Hall Of Fame
Just hoping that if the current experience is anything to go by my hope is we do not end up with further Chinese kind of investment that in reality is just an extention of what we have now,from what we understand the rules involving the Hong Kong exchange have a precise method of such a buyout which can be very limiting for the purchaser initially,so just hold our breath for a while I think.KRO
Hall Of Fame
Have a look at this car. I've totally neglected it for a couple of years, and have sold the brakes. I'm now driving it at high speed toward a cliff edge. How would you like to buy a quarter of it? Please note...I will still be the driver.
Birmingham City FC is being held hostage, only the SAS can help now.
Hall Of Fame
hi Mog does the 1/4 come with a parachute ,and do we own a major share in the brake shoe company I get your drift
Hall Of Fame
here you go chaps
Further to this, acting chairman Peter Pannu has added: a€œI can confirm that BIHL remains in advanced talks with a British consortium with a very strong North American investment fund.
Read more at ,birmingham-international-holdings-limited-update
Footymad Forums offer you the chance to interact and discuss all things football with fellow fans from around the world, and share your views on footballing issues from the latest, breaking transfer rumours to the state of the game at international level and everything in between.
Whether your team is battling it out for the Premier League title or struggling for League survival, there's a forum for you!
Gooners, Mackems, Tractor Boys - you're all welcome, please just remember to respect the opinions of others.
Click here for a full list of the hundreds of forums available to you
The forums are free to join, although you must play fair and abide by the rules explained here, otherwise your ability to post may be temporarily or permanently revoked.
So what are you waiting for? Register now and join the debate!
(these forums are not actively moderated, so if you wish to report any comment made by another member please report it.)
Posting Permissions