Beyond Asia International Limited
HK Life (8212) buys 49% of Baron's School of Music Ltd for HK$47.04m
Company announcement, 28-Feb-2012
The owner of the BVI vendor is not disclosed. The net assets are not disclosed. The $96m "preliminary valuation" by an unnamed valuer is at 9.2x turnover and 238 times earnings for 2011. The price appears to be highly inflated.
Company announcement, 28-Feb-2012
The owner of the BVI vendor is not disclosed. The net assets are not disclosed. The $96m "preliminary valuation" by an unnamed valuer is at 9.2x turnover and 238 times earnings for 2011. The price appears to be highly inflated.
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