Dongpeng Holdings Co logo

3386 - Dongpeng Holdings Co News Story

HK$4.46 0.0  0.0%

Last Trade - 14/06/16

Basic Materials
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £454.0m
Position in Universe th / 6090

BRIEF-Dongpeng Holdings updates on privatisation by joint offerors

Wed 17th February, 2016 10:30pm
Feb 18 (Reuters) - Dongpeng Holdings Co Ltd  3386.HK : 
 * Hldg-...more joint announcement - (1) pre-conditional proposal for the 
privatisation of Dongpeng Holdings Company Limited by the joint offerors by 
way of a scheme of arrangement (under section 86 of the companies law) and 
(2) proposed withdrawal 
 * Amount of cash required for the proposal (before taking into account the 
option offer to be made) is approximately hk$1.49 billion 
 * Says amount of cash required for the option offer is approximately hk$23.47 
 * Joint offerors intend to finance cash from combination of their respective 
internal financial resources and available loan facilities 
 * Source text for Eikon  ID:nHKS8zgjys  
 ((For more news, please click here  3386.HK ))  
 ((Bengaluru Newsroom; +91 80 6749 1130))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.