BRIEF-Goldlion Holdings Announces Proposal For Privatization Of Goldlion

Reuters

2024-12-17

Dec 17 (Reuters) - Goldlion Holdings Ltd :

* PROPOSAL FOR PRIVATIZATION OF GOLDLION HOLDINGS

* CANCELLATION PRICE OF HK$1.5232 IN CASH FOR EACH SCHEME SHARE UNDER PROPOSAL

* MAXIMUM AMOUNT OF CASH CONSIDERATION REQUIRED FOR CANCELLATION AND EXTINGUISHMENT OF SCHEME SHARES IS APPROXIMATELY HK$463.5 MILLION

* APPLICATION MADE BY CO TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES FROM 18 DECEMBER

* ON 2 DEC, GRAND SUNNY PUT FORWARD PROPOSAL FOR PRIVATIZATION OF CO

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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