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Ex-husband of Longfor chair Wu Yajun to sell HK$1.8bn of shares

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The billionaire ex-husband of Longfor Properties chairwoman Wu Yajun is selling 150 million shares worth US$232 million (HK$1.8 billion) in the company through a share placement, according to a term sheet obtained by the South China Morning Post.Junson Capital, a family office owned by Cai Kui, offered to sell stock in Longfor, one of China’s biggest private developers, at HK$12 per share, a 7 per cent discount to Wednesday’s closing price of HK$12. Read More...

FMS Espaa: con incertidumbre hasta el final

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La competición liguera de Urban Roosters está llegando a su fin y, a falta de dos jornadas para su cierre, los enfrentamientos no pudieron ser más ardientes en Badalona. Desde el inicio, los freestylers sabían que había mucho en juego y supieron estar a la altura. Sara Socas vs. Skone, el mejor choqueSi por algo se caracterizan estos dos MC's es por no callarse ni media. Fueron los primeros en saltar al escenario y fueron los que más levantaron al público. Read More...

Uncertainty clouds IPTV picture | South China Morning Post

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The fourth, however, comes from the State Administration of Radio, Film, and Television (Sarft), which is interested in protecting the cable operators as they switch to digital broadcasting. The agency hopes to sign up 100 million digital cable customers by 2008 and might not welcome the competition. 'The common belief is that the last licence from Sarft is the most difficult to get,' said Jeffrey Soong, chief executive of BNS, a consultancy to broadband services providers. Read More...

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