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YGM buys struggling Aquascutum for HK$188m
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YGM Trading will buy out British trenchcoat maker Aquascutum for ?15 million (HK$188 million). The century-old brand, which dressed Winston Churchill and Queen Elizabeth, last month shut its Northamptonshire factory and laid off more than 100 staff. YGM shares resume trading today. Charlotte So
Galaxy more than triples profit in first quarter
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Macau casino giant Galaxy Entertainment reported its first-quarter profit more than tripled. Adjusted earnings before interest, taxes, depreciation and amortization, rose to HK$2.15 billion, up from HK$712 million a year earlier. Revenue rose 130 per cent to HK$13.2 billion. Sophie Yu
ICAC seeks help from Loudong chief executive
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