Monday, November 4, 2013

Armstrong

Armstrong: the delisting resolution has been fulfilled, and the minimum acceptance of the exit offer has been fulfilled, hence the exit offer has been declared unconditional in all respects. The shares are therefore suspended. The $0.40 exit offer remains open until 5.30pm, Friday , Nov '13, after which the counter will be delisted. The offeror will exercise its rights of compulsory acquisition only if it acquires 90% or more of the shares out. As at 24 Oct 2013, the offeror had control over an aggregate 73.3% of shares out.

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