Sogo starts pre-marketing

Valuation at a premium to European and US comps based on successful turnaround.
March 22, 2004

Three years after the bankrupt Japanese store was taken over by Hong Kong's Chow Tai Fook and real estate developers Joseph and Tomas Lau, the local retailer's turnaround is to be crowned by a $180 million to $200 million Hong Kong listing in mid-April.

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