Vietnam 

Vinamik offers to purchase GTN shares for Mộc Châu Milk – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Việt Nam Dairy Products Joint Stock Company (Vinamilk) has offered to purchase more than 116 million shares of GTNFoods Joint Stock Company (GTN) as GTN indirectly holds shares in Mộc Châu Milk. According to the document sent to the State Securities Commission on the purchase, Vinamilk has offered to buy a maximum of 46.68 per cent of GTN shares, or 116.71 million shares, with a price of VNĐ13,000 per share. Vinamilk estimates to spend about VNĐ1.5 trillion (US$64.5 million) on the deal.…

Read More
Money 

Chinese-Australian billionaire Chau Chak Wing wins defamation case against Sydney newspaper which alleged he helped bribe UN official

A Chinese-Australian billionaire businessman on Friday won a high-profile defamation case against a newspaper that alleged he was co-conspirator in a plot to bribe a top United Nations official, amid fears of Beijing meddling in domestic politics.Fairfax Media, publisher of The Sydney Morning Herald, was ordered to pay Chau Chak Wing A$280,000 (US$199,000) in damages after a judge at the Federal Court of Australia ruled that the 2015 article was defamatory.“The natural and ordinary meaning of… Source link

Read More