


| Overnight billionaire who does selfies with Rihanna wants to keep a low profile |
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Sino Biopharmaceutical Ltd.'s billionaire founder and his wife are transferring about one-fifth of the company's share capital, or around US$3.8 billion ($5.9b), to their son -- as a gift. The grant of 2.7 billion shares, detailed in a Hong Kong exchange filing late Tuesday, makes Eric Tse one of Asia's richest individuals overnight.
Posted: 2019-10-24 01:02:00
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