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Genting Hong Kong Ltd Updates On Travellers International Hotel Group, Inc. Proposed Offering


Monday, 4 Nov 2013 06:33pm EST 

Genting Hong Kong Ltd announced that with reference to the announcement made earlier, in respect of the Proposed Offering. The Company now announced that the Company has now been informed by Travellers that the Proposed Offering was completed on November 5, 2013. The Company’s effective interest in the common shares of Travellers has been diluted from 50% to 45% (assuming no exercise of the Over-allotment Option) as a result of the completion of the Proposed Offering. If the Over-allotment Option is fully exercised, the Company’s effective interest in the common shares of Travellers will be diluted to 44.3%. The Company’s effective interest in the Preferred B shares of Travellers remains unchanged at 50% following completion of the Proposed Offering. 

Company Quote

2.69
0.09 +3.46%
19 Dec 2014