Brief: Guoco Group Says Proposed Privatisation Of Co By Guoline Overseas Was Not Approved

Guoco

01/11/2018 12:05

Nov 1 (Reuters) - Guoco Group Ltd  0053.HK :
    * UPDATES ON PROPOSED PRIVATISATION OF GUOCO GROUP LIMITED
BY
GUOLINE OVERSEAS LIMITED
    * AT REQUEST OF GUOCO, TRADING IN SHARES ON STOCK EXCHANGE
WAS
HALTED FROM 11:37 A.M. ON THURSDAY, 1 NOVEMBER 2018
    * PROPOSED PRIVATISATION OF GUOCO GROUP LIMITED BY GUOLINE
OVERSEAS  WAS NOT APPROVED AT THE COURT MEETING
    * APPLICATION MADE BY GUOCO FOR RESUMPTION OF TRADING IN
SHARES
WITH EFFECT FROM 9:00 A.M. ON FRIDAY, 2 NOVEMBER 2018
    * PROPOSAL HAS LAPSED AND WILL NOT BE IMPLEMENTED
    * LISTING OF SHARES OF GUOCO GROUP LIMITED ON STOCK EXCHANGE
WILL
NOT BE WITHDRAWN

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