Reuters logo
BRIEF-Nine Express updates on acquisition of shares and notes by Keyne Holdings
September 22, 2017 / 3:10 PM / in a month

BRIEF-Nine Express updates on acquisition of shares and notes by Keyne Holdings

Sept 22 (Reuters) - Nine Express Ltd

* Application has been made by co to stock exchange for resumption of trading in shares on stock exchange with effect from 9:00 a.m. On 25 sept

* Keyne Holdings to acquire all of issued shares, all outstanding convertible notes and to cancel all outstanding share options of co

* Offer price for convertible notes is HK$3.4 mln for every HK$10 mln face value of convertible notes

* Offerer offers share offer price of HK$0.27 per share

* Maximum cash consideration payable by offeror under share offer would amount to hk$698.5 million Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below