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TCL Communication Technology Holdings Ltd (2618.HK)

2618.HK on Hong Kong Stock

6.99HKD
27 Jul 2016
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Mon, Jun 13 2016

REFILE-China's TCL Corp offers to take HK-listed handset maker unit private for $464 mln

HONG KONG, June 13 Chinese smartphone and communications equipment maker TCL Corp said on Monday it is offering HK$3.6 billion ($464 million) to take its majority-owned handset unit TCL Communication Technology Holdings Ltd private, saying low liquidity in the stock has made fund-raising difficult.

China's TCL Corp offers to take HK-listed handset maker unit private for $464 million

HONG KONG Chinese smartphone and communications equipment maker TCL Corp said on Monday it is offering HK$3.6 billion ($464 million) to take its majority-owned handset unit TCL Communication Technology Holdings Ltd private, saying low liquidity in the stock has fund-raising difficult.

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