bolt
15-05-2014, 10:25 PM
You can check in but you can't check out
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Extract from mail
BIHLs plan is to sell Blues off in tranches, probably over an 18-month to two-year period.
They are unable to jettison Blues in one fell swoop because of Hong Kong Stock Market regulations.
They would struggle to keep their stock exchange listing as Blues is the be-all and end-all for them. Without Blues, BIHL is no more than a shell.
They have to diversify their business and to do that they need cash a?? hence the desire to sell an initial 25 per cent of Blues.
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2 years of uncertainty to keep the Hong Kong stock exchange happy , what a shambles
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Extract from mail
BIHLs plan is to sell Blues off in tranches, probably over an 18-month to two-year period.
They are unable to jettison Blues in one fell swoop because of Hong Kong Stock Market regulations.
They would struggle to keep their stock exchange listing as Blues is the be-all and end-all for them. Without Blues, BIHL is no more than a shell.
They have to diversify their business and to do that they need cash a?? hence the desire to sell an initial 25 per cent of Blues.
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2 years of uncertainty to keep the Hong Kong stock exchange happy , what a shambles