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3386 - Dongpeng Holdings Co News Story

HK$4.46 0.0  0.0%

Last Trade - 14/06/16

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £454.7m
Position in Universe th / 6091

BRIEF-Dongpeng says it has been approached regarding proposal for privatisation of co

Wed 3rd February, 2016 2:49pm
Feb 3 (Reuters) - Dongpeng Holdings Co Ltd  3386.HK : 
 
 * It has been approached by profit strong investments 
 * Approach regarding a possible pre-conditional proposal for the privatisation  of the company 
 * Discussions in relation to the possible proposal are at a negotiation stage  only 
 * Application has been made for the resumption of trading in shares with effect from 9:00 a.m. on 4 February 2016 
 * Intermediaries are expected to co-operate with the executive in its dealings  enquiries 
 * "Definite terms for the possible proposal have yet been agreed" 
 * Proposal involves cancellation of shares other than those held by joint  offerors and concert parties at cancellation price of hk$4.48 per share 
 * Joint offerors also indicate that the cancellation price will not be  increased 
 
* Source text for Eikon  ID:nHKS5BrvfK  
 
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