** Shares of Eumundi Group rise 26.98% to A$1.600, their highest since March 2008 ** Hotel chain operator says SEQ Hospitality Group to acquire co in a proposed cash deal valued at A$1.55 per share; total deal value was not disclosed

** The offer price represents a 23% premium as of the last close

** Adds, as part of the deal co may declare an interim dividend of up to A$0.024 per share

** Shares of co set for 4 sessions of consecutive gains, if trend holds

** Stock posts its biggest intraday pct gain since early February 2013

** Over 50,000 shares change hands, ~5x the 30-day avg

** Stock up 37% YTD, including current session, as at 0240 GMT

(Reporting by Kumar Tanishk in Bengaluru) ((mailto:Tanishk.Kumar@thomsonreuters.com;))