Brief: Wilton Resources Says WRH To Undertake Mandatory Tender Offer For Renuka Shares
25/09/2019 08:43
Sept 25 (Reuters) - Wilton Resources Corporation Ltd
WILT.SI :
* WILTON RESOURCES TO UNDERTAKE MANDATORY TENDER OFFER TO
RENUKA
SHAREHOLDERS TO BUY SHARES IN RENUKA
* WILTON RESOURCES CORPORATION-PURSUANT TO MTO, WILTON
RESOURCES
HOLDING HAS TO OFFER 250 RUPIAH PER EACH MINORITY INTERESTS OF
232.6 MILLION RENUKA SHARES
* ASSUMING ALL SHAREHOLDERS OF MINORITY INTERESTS WILL SELL
SHARES
IN RENUKA TO WRH, TOTAL COST FOR ACQUISITION WILL BE S$5.7
MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ76dfD
Further company coverage: WILT.SI
(Reuters.Briefs@thomsonreuters.com)
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