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HGL - Hudson Investment News Story

A$0.4 0.0  0.0%

Last Trade - 02/07/20

Sector
Financials
Size
Micro Cap
Market Cap £13.0m
Enterprise Value £19.1m
Revenue £926k
Position in Universe 1216th / 1830

BRIEF-Hudson Investment updates on proposed demerger and share sale

Wed 2nd December, 2015 10:23pm
Dec 2 (Reuters) - Hudson Investment Group Ltd  HGL.AX : 
* Proposed demerger and share sale  HGL.AX  
* Proposes to demerge warnervale property and other assets and liabilities through an in-specie distribution of shares to Hudson shareholders 
* Directors of hgl unanimously recommending that hgl shareholders vote in favour of the proposed transactions 
* Rafflesco , and raffles nominees agreed to sell their Hudson shares to huahan international holdings (Hong Kong) for 0.753 cents per share 
* Rafflesco agreed to sell 89 million fully paid ordinary shares in Hudson to huahan for a total consideration of $670,170 
* Raffles nominees has agreed to sell 36 million fully paid ordinary shares in Hudson to huahan for a total consideration of $271,080 
 
  Source text for Eikon  ID:nASX4MprvN  
 
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