The offer to eSun ( 00571.HK) shareholders is pitched at $1.30 per share and that may be followed by a mandatory offer for Lai Fung ( 01125.HK) at $5.22 per share
The closing prices on 8 Oct 2018 are $1.36 for eSun ( NAV = $6.11 ) and $12.70 for Lai Fung. ( NAV = $44 )
eSun has never declared any dividend since 2000 to 2017 and in 2008 , even had a rights issue at 1 for 2 at $2.50
The closing prices on 8 Oct 2018 are $1.36 for eSun ( NAV = $6.11 ) and $12.70 for Lai Fung. ( NAV = $44 )
eSun has never declared any dividend since 2000 to 2017 and in 2008 , even had a rights issue at 1 for 2 at $2.50