Brief: CK Asset Holdings Says Co Obtains Shareholder Approval For JV

Power Assets Holdings

30/10/2018 13:22

Oct 30 (Reuters) - CK Asset Holdings Ltd  1113.HK :
    * UPDATES ON PROPOSED ACQUISITION BY BIDCO VIA TRUST SCHEMES
OF
ALL SECURITIES IN ISSUE OF APA LISTED ON ASX & FORMATION OF JV
    * JV TRANSACTION SHAREHOLDERS’ APPROVAL OF CKA & CKA
TRANSACTION
SHAREHOLDERS’ APPROVAL HAS BEEN OBTAINED AT THE CKA EGM
    * OBTAINS SHAREHOLDER APPROVAL FOR JV & JV WILL PROCEED
BETWEEN
CKA, CKI & PAH AS TO 60%, 20% & 20%, RESPECTIVELY

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