Brief: Golden Throat Announces Proposal To Take Co Private By Aureli Investments

Golden Throat Holdings

12/08/2021 14:03

Aug 12 (Reuters) - Golden Throat Holdings Group Co Ltd
 6896.HK :
    * ANNOUNCES PROPOSAL TO TAKE CO PRIVATE BY AURELI
INVESTMENTS VIA
SCHEME OF ARRANGEMENT
    * IMPLEMENTATION OF PROPOSAL FOR CANCELLATION PRICE OF
HK$2.80 PER
SCHEME SHARE
    * TOTAL AMOUNT OF CASH REQUIRED TO IMPLEMENT PROPOSAL IN
FULL
WOULD BE ABOUT HK$530 MILLION
    * AURELI INVESTMENTS PROPOSES TO FINANCE CASH CONSIDERATION
WITH
EQUITY COMMITMENTS FROM AFFIRMA FUNDS
    * WILL MAKE APPLICATION FOR LISTING OF SHARES TO BE
WITHDRAWN FROM
STOCK EXCHANGE WITH EFFECT IMMEDIATELY FOLLOWING EFFECTIVE DATE
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES FROM 9 AM, AUG 13

Source text for Eikon:  ID:nHKS5Bjpzm 
Further company coverage:  6896.HK 

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