Brief: H&G High Conviction Receives Non-Binding Proposal For Investment Portfolio
Jan 13 (Reuters) - H&G High Conviction Ltd HCF.AX :
* HCF RECEIVES NON-BINDING PROPOSAL FOR INVESTMENT PORTFOLIO
* PROPOSAL FROM HANCOCK & GORE LTD TO ACQUIRE ALL OF CO'S
ASSETS
IN EXCHANGE FOR SHARES IN H&G AT A$0.30 PER SHARE
* PROPOSAL BASED ON VALUATION OF CO'S ASSETS OF A$1.00 PER
SHARE
LESS CO'S SALE AND TRANSACTION COSTS, ANY DIVIDENDS DECLARED
Further company coverage: HCF.AX
((Reuters.Briefs@thomsonreuters.com;))