Brief: Wah Ha Realty Co Receives Unconditional Cash Offer From Good Vision Development

Wah Ha Realty Co

13/03/2023 15:24

March 13 (Reuters) - Wah Ha Realty Co Ltd  0278.HK :
    * UNCONDITIONAL CASH OFFER BY EDDID CAPITAL AND MAXA CAPITAL
ON
BEHALF OF GOOD VISION DEVELOPMENT FOR CO
    * OFFER FOR  HK$6.00 PER SHARE IN CASH
    * BASED ON OFFER PRICE, ENTIRE ISSUED SHARE CAPITAL OF CO IS
VALUED AT HK$725.76 MILLION
    * OFFEROR TO FULLY FINANCE AND SATISFY CASH CONSIDERATION
PAYABLE
UNDER OFFER WITH ITS INTERNAL RESOURCES
    * TRADING IN SHARES OF CO REMAINS SUSPENDED UNTIL FURTHER
NOTICE

Source text for Eikon:  ID:nHKS49phcg 
Further company coverage:  0278.HK 

 ((Reuters.Briefs@thomsonreuters.com;))