Chinese Estates shares drop 31% after privatization plan falls through
Shares of Chinese Estates (Holdings) Ltd. fell 31% on Monday after it said its proposed privatization won't proceed as it failed to receive a majority of shareholders' votes.
3.82 | |
3.82 | |
- | |
3.82 | |
3.82 | |
3.82-3.82 | |
372 M | |
95 381 K | |
565 M | |
-0.0013 | |
0.0055 | |
0.994 |
No long-term obligations. The minimum period is one month only. No wait. You get an API key with instructions in a few seconds right after subscription.
Shares of Chinese Estates (Holdings) Ltd. fell 31% on Monday after it said its proposed privatization won't proceed as it failed to receive a majority of shareholders' votes.
(Bloomberg) -- Chinese Estates Holdings Ltd. shares tumbled by a record after the company failed to get sufficient shareholder support to go private. Most Read from Bloomberg South Africa Hospitaliz...