Red Star Macalline Group Announces Repurchase Of Up To 388.9 Mln H Shares For Cancellation
Offer to purchase for cancellation up to 388.9 million for HK$11.78 per h share
April 5 - Red Star Macalline Group Corp Ltd :
* RESOLVED FOR CONDITIONAL VOLUNTARY CASH OFFER TO REPURCHASE FOR CANCELLATION UP TO 388.9 MILLION FOR HK$11.78 PER H SHARE
* MAXIMUM H SHARES UNDER OFFER CONSTITUTES ABOUT 36.59% & 9.87% OF ISSUED H SHARE CAPITAL & SHARE CAPITAL OF CO RESPECTIVELY Source text for Eikon: Further company coverage:
(Source: Reuters)
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