Sunday, June 10, 2012

Soup Restaurant: Special dividend?

Some of us might remember the recent saga of Soup Restaurant VS. Dian Xiao Er. For those not in the know, there was an announcement on 4 April by Soup Restaurant: read it here.



What interests me is this:

On 4 April 2012, the Plaintiffs communicated their acceptance of the Defendants’ 3 April 2012 offer. The Plaintiffs have agreed to purchase SRG and SRI’s shareholding of 50.98% in YES for the