Read the full judgment text of HCAL 250/2017 on BabelCite. This High Court CFI judgment was delivered on 4 October 2017.
1. By public announcements made on 24 January and 13 February 2017 (“Announcements”), Television Broadcasts Limited (“TVB”), a company listed on the Main Board of the Stock Exchange of Hong Kong, announced an offer to repurchase up to 120 million of its shares at HK$35.075 per share for a total consideration of up to HK$4,209 million (“Offer”). 120 million shares represented 27.4% of the total issued shares of TVB and HK$35.075 per share represented a premium of 15.6% to the closing price of TB
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