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Buyout offer for Cityneon crosses threshold for compulsory acquisition of all shares

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WEST Knighton Limited, the special purpose vehicle indirectly owned by Cityneon group chief executive Ron Tan and Hong Kong entrepreneur and investor Johnson Ko Chun Shun, holds a 97.7 per cent stake in Cityneon, giving the vehicle enough control of the company to compulsorily acquire the rest of the shares and delist Cityneon. Read more at The Business Times.

 

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