Monday, June 24, 2013

Auric Pacific/ Food Junction

Auric Pacific/ Food Junction: Auric Group has an offer to take Food Junction private, at an offer price of $0.255 (40% above last traded price of $0.182) per share. The formal offer document will follow (typically between 14-21 days). The offer price represents a premium of ~34.2% to the NAV per share of $0.19 as at 31 Dec 2012. Auric Group (Auric Pacific Group and Auric Pacific Investment Holdings) currently hold an aggregate of 61.4% of the share capital in Food Junction.

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