Hong Kong tycoon Carson Yeung said Monday he has offered 57.13 million pounds (94.7 million US) to buy English Premier League team Birmingham City, promising money to buy new players. Yeung, whose Hong Kong-listed Grandtop International has a 29.9 percent stake in the club, said the firm would raise 785 million Hong Kong dollars (100.6 million US) through an open offer of shares for the acquisition. The businessman's latest attempt to seize control of the newly promoted side came after his... Read Full Story
A court Tuesday rejected applications by Hong Kong tycoon Richard Li to overturn a court decision blocking his controversial 2.1 billion US dollar buyout bid for telecoms giant PCCW. PCCW chairman Li moved to appeal in May after a judge ruled against the plan in April, saying a shareholder vote on privatisation had been manipulated. The Court of Appeal Tuesday said it would explain its decision in a written judgement at a later date. The long-running saga has gripped the financial hub, as it... Read Full Story
Hong Kong tycoon Richard Li Tuesday lodged an appeal against a court decision that blocked his controversial 2.1 billion US dollar buyout bid for telecoms giant PCCW, a spokesman said. The PCCW chairman, through his investment vehicle Pacific Century Regional Developments (PCRD), gave notice that it will challenge the Court of Appeal's decision to halt the privatisation, a PCRD spokeswoman told AFP. Li's move came a day after a written judgement concluded that a February shareholder vote to... Read Full Story
A Hong Kong tycoon abandoned his controversial $2 billion plan to take over the city's biggest telecom company Thursday after a court blocked the deal, handing regulators and minority shareholders a high-profile victory. Richard Li, chairman of fixed-line operator PCCW, said in a statement he and his buyout team would let the proposal lapse rather than extend its date for completion following Wednesday's unanimous decision by a three-judge appeals panel rejecting the effort. Li said he was... Read Full Story
A man who says late Hong Kong tycoon Nina Wang was his lover has been accused of basing his claim to her fortune on a will which was only to be used as part of a feng shui ritual, a court heard. Tony Chan, a feng shui master, told Wang to draw up a will to be burnt later to give her long life as part of the ancient Chinese practice, according to an expert report submitted by Wang's family to the city's high court. Instead Chan kept the document and used it to claim her estate, the court was... Read Full Story
Hong Kong tycoon Richard Li will appeal a court decision to block his controversial 2.1 billion US dollar buyout bid for telecoms giant PCCW, a spokesman said. The PCCW chairman, through his investment vehicle Pacific Century Regional Developments (PCRD), will challenge the Court of Appeal's decision to halt the privatisation, a PCRD spokesman said late Monday. Li's move comes after a written judgement concluded that a February shareholder vote to take the company private had been... Read Full Story
Hong Kong tycoon Carson Yeung’s takeover of Premier League club Birmingham has been rubber-stamped by the stock exchange.
Yeung took charge at St Andrews last month and Wednesday’s announcement that shares in the holding company have been taken off the stock market was a formality confirming Birmingham’s new status as a private business.
A statement from the City read: “In line with the notification of the company’s delisting that was made on 14 October 2009, the Company is delisted so... Read Full Story
PACT Public Meeting - 29th September 2009 Please find attached the Panel Priorities for Action following the PACT Public Meeting held last evening. The next PACT Public Meeting will be held on: Tuesday 24th November at 7pm in the Heyn Hall - St Marks Holywood Road The theme of our meeting will be Domestic Burglaries. As we will be 4 weeks away from Christmas this will be timely. In times of economic challenge and budgetary constraints we don't want to see families loosing gifts from under... Read Full Story
PACT Public Meeting - 29th September 2009 Please find attached the Panel Priorities for Action following the PACT Public Meeting held last evening. The next PACT Public Meeting will be held on: Tuesday 24th November at 7pm in the Heyn Hall - St Marks Holywood Road The theme of our meeting will be Domestic Burglaries. As we will be 4 weeks away from Christmas this will be timely. In times of economic challenge and budgetary constraints we don't want to see families loosing gifts from under... Read Full Story
PACT Public Meeting - 29th September 2009 Please find attached the Panel Priorities for Action following the PACT Public Meeting held last evening. The next PACT Public Meeting will be held on: Tuesday 24th November at 7pm in the Heyn Hall - St Marks Holywood Road The theme of our meeting will be Domestic Burglaries. As we will be 4 weeks away from Christmas this will be timely. In times of economic challenge and budgetary constraints we don't want to see families loosing gifts from under... Read Full Story
From Spain's Princess Letizia to Italy's Mara Carfagna, the game of politics is no stranger to beautiful, powerful women. Following is a list of women whose influence is matched only by their sheer hotness.
We've rounded up the fifty most infamous female teacher sex scandals the Internet has seen, and ranked them from most famous to least. We do it because we care.
