Edition:
United Kingdom

Myanmar Investments International Ltd Says Shareholders' Rejection Of Unsolicited Approach


Wednesday, 19 Jun 2019 

June 19 (Reuters) - Myanmar Investments International Ltd ::REFERS TO RECENT ANNOUNCEMENT BY MYANMAR STRATEGIC HOLDINGS LIMITED REGARDING A POTENTIAL TAKEOVER OF COMPANY.ANNOUNCEMENT ON 18 JUNE 2019 THAT BOARD OF COMPANY UNANIMOUSLY REJECTED INDICATIVE PROPOSAL.BOARD IN CONTACT WITH SHAREHOLDERS OF CO WHO COLLECTIVELY HOLD INTEREST IN EXCESS OF 50% OF VOTING RIGHTS.THOSE SHAREHOLDERS WERE UNANIMOUS IN THEIR VIEW THAT BOARD WAS CORRECT TO REJECT INDICATIVE PROPOSAL. 

Latest Developments forMyanmar Investments International Ltd

Company Quote

0.875
0.0 +0.00%
11 Jul 2019