Hong Kong telecommunications firm PCCW will hold an extraordinary general meeting on February 4 to vote on the new proposal. The price increase was first communicated to shareholders on the morning of December 30, the day PCCW had scheduled an EGM to vote on an earlier proposal to buy all minority shares outstanding at HK$4.20 per share. That meeting was postponed to give shareholders time to digest details of the new offer. The offerors have clarified that this is the final offer price, in other words the price will not...
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