Advisors back Yue Yuen's disposal of stake in HK-listed sportswear firm Pou Sheng

Advisors back Yue Yuen's disposal of stake in HK-listed sportswear firm Pou Sheng

Photo: Pixabay

Proxy advisors have backed a proposal for Pou Sheng International shareholder Yue Yuen Industrial to offload a 62.4 per cent stake in the Chinese sportswear retailer as part of a privatisation offer worth HK$10.91 billion.

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