Embattled Next Digital, owner of Hong Kong newspaper Apple Daily, to sell Taiwan property to relieve financial burdens

Published: 9/11/2018
Embattled Next Digital, owner of Hong Kong newspaper Apple Daily, to sell Taiwan property to relieve financial burdens
Source: WWW.SCMP.COM

Hong Kong media giant Next Digital said it will reveal details of the sale of a property it owns in Taiwan after it suspended trading of its shares on Friday, in a probable sign of the financial distress faced by the struggling company. Next Digital halted the trading of its shares at 3.27pm on Friday pending an announcement related to “a possible very substantial disposal of the company&rdq

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