Brief: IMAX Corp Confirmed That Company's Proposal To Acquire Imax China's Outstanding 96.3 Million Shares Will Not Proceed

IMAX China Holding

10/10/2023 14:04

Oct 10 (Reuters) - IMAX China Holding Inc  1970.HK :
    * IMAX CORP: CONFIRMED THAT COMPANY'S PROPOSAL TO ACQUIRE
IMAX
CHINA'S OUTSTANDING 96.3 MILLION SHARES WILL NOT PROCEED
    * IMAX CORP - WILL EXPLORE OPPORTUNITIES TO DEPLOY
INCREMENTAL
CAPITAL INTENDED FOR TRANSACTION THROUGH ALTERNATE MEANS OF
CREATING SHAREHOLDER VALUE
    * IMAX CORP: AT EGM OF IMAX CHINA SHAREHOLDERS HELD OCTOBER
9
EST/OCTOBER 10 HKT, 70% OF SHARES VOTED WERE IN FAVOR OF
PROPOSED TRANSACTION

Source text for Eikon:  ID:nPn8VRF8Va 
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 ((Reuters.Briefs@thomsonreuters.com))