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BRIEF-Qpl International updates on takeover offer for L & A International
October 14, 2016 / 7:01 AM / a year ago

BRIEF-Qpl International updates on takeover offer for L & A International

Oct 14 (Reuters) - Qpl International Holdings Ltd :

* 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: Further company coverage:

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