Brief: Xinyi Glass Updates On Offers To Acquire China Glass Holdings, Share Offer Price HK$0.9 Per Share

Xinyi Glass Holdings

03/12/2020 01:27

Dec 3 (Reuters) - Xinyi Glass Holdings Ltd  0868.HK :
    * UPDATES ON OFFERS ON BEHALF OF UNIFIED GROUP INVESTMENTS
TO
ACQUIRE ISSUED SHARES, CONVERTIBLE BONDS OF CHINA GLASS HOLDINGS
    * SHARE OFFER PRICE OF HK$0.9 PER SHARE
    * SHARE OFFER IS VALUED AT ABOUT HK$1,629.1 MILLION
    * LEGO SECURITIES & DBS ASIA CAPITAL TO MAKE CONDITIONAL
CASH
OFFER TO BUY ALL OUTSTANDING CONVERTIBLE BONDS ISSUED BY CO IN
MAY 2015
    * OFFER PRICE FOR CONVERTIBLE BONDS IS HK$54,499.22 FOR
EVERY
US$10,000 FACE VALUE OF CONVERTIBLE BONDS

Source text for Eikon:  ID:nHKS5W7h09 
Further company coverage:  0868.HK 

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