Brief: Qpl International updates on takeover offer for L & A International

Qpl International Holdings

14/10/2016 05:29

Oct 14 (Reuters) - Qpl International Holdings Ltd  0243.HK : 
    * proposed to l&a that it would make a voluntary conditional 
share exchange offer to acquire all of issued shares in share 
capital of l&a 
    * application has been made by qpl for resumption of trading 
in qpl shares on stock exchange with effect from 1:00 p.m. On 14 
october 2016 
    * See-Through price of option offer is hk$0.0044 for each 
outstanding l&a option 
    * exercise price for outstanding l&a options is hk$0.0256, 
which is lower than ascribed value of hk$0.03 per l&a share 
under share offer 
 
Source text for Eikon:  ID:nHKS6SDTkG  
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