Brief: Baoan Technology Company updates on offer to acquire issued shares in IPE Group

IPE

22/02/2016 24:18

Feb 22 (Reuters) - Baoan Technology Co : 
 * increase of offer price from hk$1.50 to hk$1.70 per offer share and increase of offer price for share options 
 * mandatory conditional cash offers by Gf Securities (Hong Kong) Brokerage Limited for and on behalf of Baoan technology company limited to acquire all issued shares in the share capital of Ipe Group Limited 
 * offeror confirmed that the offer price will not be further increased 
 * refers to Baoan Technology acquiring all issued shares in the share capital of IPE group limited 
 * Source text for Eikon  ID:nHKS3LqlKJ  
 
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