Textile and garment maker Winsor Industrial said its largest single shareholder, Super-Rich Finance, wants to take the firm private.

Super-Rich, which holds a 73.17% stake in Winsor, has proposed a HK$368.9m (US$47.43m) offer for the shares in the company it does not currently own.

Winsor will apply to the Hong Kong stock exchange for a delisting if the takeover goes ahead.

Super-Rich is controlled by Winsor's chairman Chou Wen-Hsien.