Brief: China Assets Holdings updates on cash offer by China Everbright Securities (HK)

First Shanghai Investments

03/02/2016 04:30

Feb 2 (Reuters) - China Assets Holdings Ltd  0170.HK : 
 * China everbright securities will on behalf of purchaser, make mandatory general offer for shares and comparable offer for options 
 * Offer prices will be for each share - hk$4.086 in cash and for each option - hk$0.01 in cash 
 * Purchaser will satisfy consideration payable from banking facility of the purchaser 
 * Gram capital is satisfied sufficient financial resources are available to purchaser to satisfy full acceptance of offers 
 * Maximum aggregate amount payable by the purchaser upon full acceptance of the share offer and of the options offer is hk$208.4 million 
 * Source text for Eikon  ID:nHKSb6Pb2n  
 
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