Miramar's shareholders block $401 million deal to buy Henderson Land's unit
Andreea Neblea
Miramar Hotel and Investment's shareholders rejected the HK$3.12 billion ($401.11 million) deal under which it was buying a property from Hong Kong's Henderson Land Development for building a hotel and commercial complex. Over 53 per cent of stockholders voted against the proposed deal, while around 46 per cent supported the transaction, an exchange filing by the hotel operator showed on Monday. Henderson Land and Miramar, in January, unveiled plans to change ownership of the property, with the
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