Run Run Shaw may privatise Shaw Brothers
16-12-2008
The film company, Shaw Brothers, says it'll soon make an announcement on a possible privatisation of the company. This means Sir Run Run Shaw may offer to buy out the company after he ended talks to sell his 75-percent stake, amid the global financial crisis. The founder of the company, who turned 101 last month, is also the biggest investor in TVB. Shaw Brothers shares were suspended today. They last traded at 8 dollars and 13 cents.
