Brief: Nine Express updates on acquisition of shares and notes by Keyne Holdings

Keyne

22/09/2017 15:54

Sept 22 (Reuters) - Nine Express Ltd  0009.HK  
    * Application has been made by co to stock exchange for 
resumption of trading in shares on stock exchange with effect 
from 9:00 a.m. On 25 sept 
    * Keyne Holdings to acquire all of issued shares, all 
outstanding convertible notes and to cancel all outstanding 
share options of co 
    * Offer price for convertible notes is HK$3.4 mln for every 
HK$10 mln face value of convertible notes 
    * Offerer offers share offer price of HK$0.27 per share 
    * Maximum cash consideration payable by offeror under share 
offer would amount to hk$698.5 million 
 
Source text for Eikon:  ID:nHKSbmhR6l  
Further company coverage:  0009.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))