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908 - Zhuhai Holdings Investment News Story

HK$3 0.0  0.7%

Last Trade - 9:08am

Sector
Utilities
Size
Mid Cap
Market Cap £387.3m
Enterprise Value £702.3m
Revenue £1.08bn
Position in Universe 1495th / 6100

BRIEF-Zhuhai Holdings Investment Announces Privatisation Proposal Of By Longway Services Group

Fri 22nd January, 2021 3:07pm
Jan 22 (Reuters) - Zhuhai Holdings Investment Group Ltd
 0908.HK :
    * PROPOSAL FOR PRIVATISATION OF ZHUHAI HOLDINGS INVESTMENT
BY
LONGWAY SERVICES GROUP
    * PROPOSAL FOR PRIVATISATION AT CANCELLATION PRICE OF
HK$3.06 PER
SHARE
    * ASSUMES TOTAL AMOUNT OF CASH REQUIRED TO IMPLEMENT
PRIVATISATION
PROPOSAL BE HK$1.68 BILLION
    * UPON SCHEME BECOMING EFFECTIVE, CO WILL APPLY TO STOCK
EXCHANGE
FOR WITHDRAWAL OF LISTING OF SHARES
    * MADE APPLICATION FOR RESUMPTION OF TRADING IN SHARES FROM
25 JAN

Source text for Eikon:  ID:nHKS5PgGDB 
Further company coverage:  0908.HK 

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