February 27, 2015 BY LeapRate Staff
Investors betting on a better offer for KVB Kunlun
KVB shares restart trading Friday on the HKEx at a price more than double CITIC's existing HK$0.65 per share offer.
Read more
February 26, 2015 BY LeapRate Staff
Where will KVB Kunlun shares trade on Friday?
KVB last traded on January 29 at HK$1.41 per share, well above the HK$0.65 offer CITIC intends to make to public shareholders.
Read more
February 26, 2015 BY Andrew Saks-McLeod
CITIC Securities buys 60%, 1.2 billion shares in KVB Kunlun for HK$780 million
The sale of shares to CITIC Securities represents 60% of the 2,000,000,000 KVB shares in current issue of KVB Kunlun, with CITIC Securities providing an offer of HK$780,000,000 for the transaction
Read more
February 18, 2015 BY Maria Nikolova
Trading in KVB Kunlun shares remains suspended pending deal announcement
KVB Kunlun Financial Group Ltd (HKG:8077), the Hong Kong-focused retail Forex broker, issued an update on trading in its shares earlier today. No major piece of news was announced, with the broker simply stating that trading in its shares will remain suspended until it prepares the official release of a deal with the purchaser. KVB…
Read more
January 30, 2015 BY Maria Nikolova
KVB Kunlun agrees to sell 60% of issued share capital to CITIC Securities
China's CITIC has agreed to buy Li Zhi Da's 60% stake in KVB. Next - an offer for the public shareholders.
Read more