Soundwill Holdings (878 HK): Privatisation Expected From The Controlling Family
Small-Cap property developer Soundwill Holdings (878 HK) is currently suspended pursuant to the Takeovers Code
Soundwill is controlled as to 74.97% by Grace Foo (ED), and her descendants, Wai Ling Chan (deputy chairman), and Hing Tat Chan (chairman).
Soundwill is trading at a staggering 0.08x P/B, with the majority of its book value tied up in investment properties.
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