{"id":69260,"date":"2017-10-17T16:52:17","date_gmt":"2017-10-17T09:52:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-future-lands-us650-million-privatisation-bid-rejected-by-shareholders\/"},"modified":"2017-10-17T18:03:48","modified_gmt":"2017-10-17T11:03:48","slug":"chinese-developer-future-lands-us650-million-privatisation-bid-rejected-by-shareholders","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-future-lands-us650-million-privatisation-bid-rejected-by-shareholders\/","title":{"rendered":"Chinese developer Future Land\u2019s US$650 million privatisation bid rejected by shareholders"},"content":{"rendered":"


\nChinese billionaire developer Wang Zhenhua\u2019s HK$5.1 billion (US$650 million) bid to take his Hong Kong-listed real estate company Future Land Development private failed after shareholders rejected the buy-back offer because they believed the company is worth more.
\nThe property company scrapped its privatisation proposal after more than 10 per cent of individual shareholders voted against it, the company said during an extraordinary general meeting Tuesday morning.
\n\u201cWe respect the…
\n
\nSource : South China Morning Post
\nRead more…Chinese developer Future Land\u2019s US0 million privatisation bid rejected by shareholders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese billionaire developer Wang Zhenhua\u2019s HK$5.1 billion (US$650 million) bid to take his Hong Kong-listed...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-69260","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-i16","jetpack-related-posts":[{"id":123868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-privatisation-offer-by-joseph-laus-family-too-low-to-accept-shareholders-say\/","url_meta":{"origin":69260,"position":0},"title":"Chinese Estates privatisation offer by Joseph Lau\u2019s family too low to accept, shareholders say","date":"December 17, 2021","format":false,"excerpt":"\r The offer to take Chinese Estates Holdings private by Hong Kong magnate Joseph Lau Luen-hung\u2019s family was too low to accept, some shareholders said on Friday before a special general meeting where they will vote on the offer.Trading in the company\u2019s shares was halted on Friday afternoon, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-future-land-looks-set-for-privatisation\/","url_meta":{"origin":69260,"position":1},"title":"Chinese developer Future Land looks set for privatisation","date":"July 10, 2017","format":false,"excerpt":"\r Future Land Development, a Chinese property developer listed in Hong Kong, requested a trading halt on Monday pending an announcement related to a possible privatisation of the company. Based in Shanghai, the developer went public in Hong Kong in 2012 and also has a listed subsidiary, Future Land Holdings,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23139,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pwc-appointed-ifa-to-sim-lian-privatisation\/","url_meta":{"origin":69260,"position":2},"title":"PwC appointed IFA to Sim Lian privatisation","date":"August 17, 2016","format":false,"excerpt":"\r PwC will advise the company\u2019s independent directors in relation with the voluntary conditional cash offer for the company. \u00a0 PricewaterhouseCoopers (PwC) has been appointed by Sim Lian Group (SLG) as its independent financial adviser (IFA) to advise the independent directors in relation with the voluntary conditional cash offer for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-department-stores-privatisation-plan-fails-to-garner-required-support-from-shareholders\/","url_meta":{"origin":69260,"position":3},"title":"New World Department Store\u2019s privatisation plan fails to garner required support from shareholders","date":"August 29, 2017","format":false,"excerpt":"\r Plans by the parent firm of New World Department Store China to take it private for HK$934.5 million have failed, after not managing to garner enough support from independent shareholders for a full buyout of the operation. By the end of its final closing date on Monday, New World\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/top-global-chairwoman-looks-to-privatisation\/","url_meta":{"origin":69260,"position":4},"title":"Top Global chairwoman looks to privatisation","date":"March 29, 2017","format":false,"excerpt":"\r \u00a0 Top Global\u2019s Executive Chairwoman, Oei Siu Hoa, has offered to buy up the rest of the company for 33 Singapore cents per share, in a bid to delist and privatise it. The offer, which was made via investment holding firm SW International Holding, represents a \u201cpremium of 65\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25287,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronation-3g-privatisation-offer-for-sim-lian-becomes-unconditional\/","url_meta":{"origin":69260,"position":5},"title":"Coronation 3G privatisation offer for Sim Lian becomes unconditional","date":"September 7, 2016","format":false,"excerpt":"\r Artist\u2019s impression of Wandervale EC by Sim Lian Group. Coronation 3G\u2019s voluntary conditional cash offer for all the issued ordinary shares of Sim Lian Group (SLG) has become unconditional. This comes after the total number of shares owned, controlled or agreed to be acquired by Coronation 3G and its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69260"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=69260"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69260\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=69260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=69260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=69260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}