Wang Jianlin, chairman of Dalian Wanda Group, is considering taking its Dalian Wanda Commercial Properties unit private just 15 months after it was listed.
The company is considering an offer of HK$48 or more for each H-share in the unit. That price represents a premium of 24% on the closing price of the shares yesterday. H-shares are traded in Hong Kong but the companies are incorporated in mainland China.
Dalian Wanda Commercial Properties is awaiting regulatory approval for an A-share listing on the mainland market.
