Responding to a Reuters query, Eu Yan Sang's Group CEO Aaron Boey said in a statement late on Tuesday the company did not comment on "rumors", adding it was focused on "executing our strategies and enhancing shareholder value" during these extremely challenging times.
HONG KONG/SINGAPORE: Bankers in Asia are bracing for a deal drought as efforts to limit the spread of the coronavirus epidemic have put key meetings and roadshows on hold.
Several auctions of assets are facing delays or re-assessments and preparations for potential Chinese initial public offerings (IPOs) are also slowing, bankers said.
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