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Ardent Leisure under spotlight with new investor

People & Companies / Latest News

Australia

Jul 05 2017

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Carolyn Cummins, The Sydney Morning Herald

A company controlled by Aveo's billionaire chairman Seng Huang Lee has acquired a substantial stake in Ardent Leisure, sending the theme park operator's shares sharply higher.  

Hong Kong-listed financial group Sun Hung Kai & Co, which has Mr Lee as its executive chairman, acquired a 5.3 per cent stake in Ardent last Thursday for $44.6 million. 

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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