Thursday, June 16, 2011

Pertama

Pertama: Co to delist and trading halt to lift. Harvey Norman Hldgs together with its subsidiary own a total of 78.0% of total issued share cap and are offering $0.65 for each remaining share. This represents a premium of 13% over last traded price of $0.575. Co's net book value as of recent 3Q results were $102.2m and offer values co at approx $158.0m, approx 1.55x current P/B.

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