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GHL to buy ASX-listed firm

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GHL to buy ASX-listed firm Empty GHL to buy ASX-listed firm

Post by Cals Mon 07 Oct 2013, 00:53

Published: Saturday October 5, 2013 MYT 12:00:00 AM 
Updated: Saturday October 5, 2013 MYT 7:23:22 AM

GHL to buy ASX-listed firm

PETALING JAYA: GHL Systems Bhd is proposing to acquire Australian Stock Exchange-listed e-Pay Asia Ltd (EPY) for A$0.40 per ordinary share (RM1.21).
The company said shareholders could opt for the cash consideration and receive A$0.40 per share or opt to receive 2.75 GHL shares for every EPY share based on the valuation of 44 sen per GHL share.
Cals
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