The terms looked reasonable enough, offering a discount to the latest close of 4%-7%, and at 4.78% of the market cap, the size wasnÆt that large in relative terms. However, Sino LandÆs share price has rallied 39.4% since the low on August 17, potentially making the price a bit much for some investors to stomach.
The price gains are entirely in line with the market though, with the Hang Seng Index having added 37%,...
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