Sir Run Run seeks right deal for TVB farewell

While Sir Run Run may feel spry enough to walk down the red carpet again next year, a deal he is trying to broker may bring an end to his reign as chairman of the broadcaster he helped found 41 years ago.

Shaw Brothers, Hong Kong's most famous film maker, which is majority owned by Sir Run Run, last week suspended trading of its shares ahead of a possible privatisation of the company by him.

Analysts say a buy-out is likely to be a prelude to an outright sale of Shaw Brothers, which would mark Sir Run Run's long-delayed farewell to TVB, the television station in which Shaw Brothers has a 26 per cent stake. Sir Run Run also personally holds a 6.23 per cent stake in TVB.

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