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Company announcement, 10-Nov-2000
The effective price is HK$0.743 per share, a 207% premium to market. The entire board of directors is being replaced, but there will be no general offer as the Takeover offer trigger is 35%, so this is a takeunder. $70m of the payment is deferred for 6 months.
Organisations
- Arta TechFin Corporation Limited 裕承科金有限公司
- Mainland Talent Developments Limited
- PT International Development Corporation Limited 保德國際發展企業有限公司
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