Sportwear retailer Pou Sheng set to open up 27 pct on plans to go private

POU CHEN

22/01/2018 01:20

HONG KONG, Jan 22 (Reuters) - Shares of Chinese sportswear 
retailer Pou Sheng International (Holdings) Ltd  3813.HK  set to 
open 27.3 percent higher on plans by its Taiwanese parent to 
take it private. 
    The stock is set to open at HK$1.96 per share, the highest 
open since March 22. 
    Taiwan parent company Pou Chen Corp  9904.TW  has offered a 
price of HK$2.03 per share, or a 31.82 percent premium over 
their previous close.  urn:newsml:reuters.com:*:nL4N1PG0B5 
      
 
 (Reporting by Donny Kwok; Editing by Malcolm Foster) 
 ((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: POU SHENG INTL PRIVATIZATION/STOCKS