Independent expert to determine fair price for Chow Group shares after shareholders object

Wed, 20 Jun 2018

By Sophie Boot June 21 (BusinessDesk) - Holdout shareholders of the Chow Group will have an expert determine how much they should be paid for the shares that the Chow brothers are compulsorily acquiring. Shareholders with a combined 1.2 percent of Chow Group have objected to the 60 cents per share offer which millionaire businessmen John and Michael Chow made earlier this month. The Chows are the trustees of John Chow Investment Trust and Michael Chow Investment Trust, which collectively hold and control 90.09 percent of Chow Group's shar...

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