合兴3000万美元的私有化交易获得法院批准

01:37 AM EST, 01/24/2022 (MT Newswires) -- Hop Hing Group Holdings' (HKG:0047) privatization is expected to take effect tomorrow, Jan. 25, after the plan won court approval without modifications on Jan. 20.

Once the go-private deal becomes effective, the fast-food chain operator's shares will be delisted from the Hong Kong bourse on Thursday, Jan. 27.

Hop Hing, which operates the Dairy Queen and Yoshinoya branches in northern China, was taken private by a consortium led by CEO Marvin Hung in a deal worth HK$229.1 million ($30 million), according to a late Friday filing.

Price (HKD): $0.08, Change: $0.00, Percent Change: -1.25%