Brief: Glorious Property Holdings updates on possible privatisation

Glorious Property Holdings

04/02/2016 08:42

Feb 4 (Reuters) - Glorious Property Holdings Ltd  0845.HK : 
 * Monthly progress update on the possible privatisation pursuant to rule 3.7 of the takeovers code  0845.HK  
 * Says possible privatisation is still under consideration by the controlling shareholder 
 * Says no formal proposal has been put forward to the board as at the date of this announcement 
 * Offeror is actively pursuing with financial institutions in obtaining approval of finance for the implementation of the possible privatisation 
 * Source text for Eikon  ID:nHKS7bRt6w  
 
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