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Protech Khuthele Holdings Ltd Extends Time in Which Eqstra Holdings Ltd is to Post its Offer Circular in Relation to Acquisition of Protech Khuthele Holdings Ltd
Protech Khuthele Holdings Ltd announced that Takeover Regulation Panel has granted Eqstra Holdings Ltd an extension of the time within which to post its offer circular to Protech Khuthele Holdings Ltd shareholders. In terms of the extension, the offer circular is to be posted on or before February 18, 2013. Accordingly, Protech Khuthele Holdings Ltd announced that the Protech Khuthele Holdings Ltd independent Board has been established to consider Eqstra Holdings Ltd's intention to acquire the entire issued ordinary share capital of Protech Khuthele Holdings Ltd that it does not already own. Financial terms of the proposed acquisition were not disclosed.
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