** Shares of Avjennings AVJ.AX rise 8.3% to A$0.655, their highest levels since February 28** The residential property development firm says it has entered a scheme implementation deal with an investment vehicle of Proprium Capital Partners (Australia) and AVID Property Group for the parties to acquire all shares of co at A$0.655 cash per share** Offer price at an 8.3% premium to stock's last close
** Earlier in the day, shares rose as much as 14.1% to A$0.690, their highest level since February 24
** Co terminates all discussions with Ho Bee Land with regard to its proposal to acquire AVJ for A$0.70 in cash per share** About 7.5 mln shares change hands, vs the 30-day average of 904,867
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.Kumar@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。