Brief: Myanmar Investments International Ltd Says Shareholders' Rejection Of Unsolicited Approach
19/06/2019 07:56
June 19 (Reuters) - Myanmar Investments International Ltd
MILM.L :
* REFERS TO RECENT ANNOUNCEMENT BY MYANMAR STRATEGIC
HOLDINGS
LIMITED REGARDING A POTENTIAL TAKEOVER OF COMPANY
* ANNOUNCEMENT ON 18 JUNE 2019 THAT BOARD OF COMPANY
UNANIMOUSLY
REJECTED INDICATIVE PROPOSAL
* BOARD IN CONTACT WITH SHAREHOLDERS OF CO WHO COLLECTIVELY
HOLD
INTEREST IN EXCESS OF 50% OF VOTING RIGHTS
* THOSE SHAREHOLDERS WERE UNANIMOUS IN THEIR VIEW THAT BOARD
WAS
CORRECT TO REJECT INDICATIVE PROPOSAL
Source text for Eikon: ID:nRSS6794Ca
Further company coverage: MILM.L
((Reuters.Briefs@thomsonreuters.com;))