Brief: Glorious Property updates on possible privatisation

Glorious Property Holdings

04/03/2016 08:41

March 4 (Reuters) - Glorious Property Holdings Ltd  0845.HK : 
 
 * Says no formal proposal has been put forward to the board as at the date of 
   this announcement 
 * The possible privatisation is still under consideration by the controlling 
   shareholder, best era international ltd 
 * Offeror is actively pursuing with financial institutions in obtaining 
   approval of finance for the implementation of possible privatisation 
 * Source text for Eikon  urn:newsml:reuters.com:*:nHKS1zgxwJ 
 
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