Tingyi share sale fails

An undisclosed institutional shareholder attempts to sell $118 million worth of shares in the Hong Kong-listed noodle maker, but at a discount of just 2.1% the deal fails to draw investors.
<div style="text-align: left;"> A man eats Master Kong noodles </div>
<div style="text-align: left;"> A man eats Master Kong noodles </div>
October 17, 2012

The block of shares in noodle maker Tingyi that was in the market on Monday night was scrapped after failing to find enough buyers, sources said yesterday.

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