10th Nov 2014 11:09
LONDON (Alliance News) - Pacific Alliance China Land Ltd on Monday said it will distribute up to USD10 million to shareholders through a share buyback.
The repurchase price for the buyback will be announced on November 24, it said, with Edmond de Rothschild Securities (UK) Ltd appointed to handle the deal.
Shares in the trust were untraded on Monday, having last traded at USD1.72625.
By Sam Unsted; [email protected]; @SamUAtAlliance
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