Posted inBusiness

Beleaguered TV network i-Cable to be sold to new Hong Kong investors

Beleaguered pay-television network i-Cable will be sold to a new group of investors, pursuant to a share offer announcement at the Hong Kong Stock Exchange on Thursday evening. The new investors include Hong Kong real estate moguls Henry Cheng Kar-shun and David Chiu Tat-cheong. Chiu’s family owned the now-defunct Asia Television in the 1980s. Founded […]