129668682450312500_192On November 16, Singapore International Group announces that Sucrogen and its Australian subsidiary Australian Proserpine cooperative sugar factory of the custodian agreement Korda MEntha, will be a $ 120 million to acquire Proserpine sugar mill. According to local media reports, the grain in this was a great surprise, as trusteeWilmar international signed a deal on the one hand, on the other hand is still in talks with grain sales.
On November 17, grain and raise the tender offer price from November 7, a $ 122 million to a $ 128 million. Grain in partnership with Wilmar international for Proserpine sugar mill bid after a few months. In accordance with the regulations in the sugar factory, takes bid 75%Shareholder support to be implemented, the sugar factory's Board rejected at the outset in the food support Wilmar international acquisition programme. But at the end of August and the end of October in two votes, Wilmar international programme support rate is only 70% and was not adopted. On November 6, Proserpine Company Directors decided to enter voluntary bankruptcy managed programs, the sugar factory managed to Korda Mentha�� According to Feng Yi's official statement, Korda Mentha sought creditor agree to the deal
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star wars the old republic power leveling, will be completed by the end of acquisitions. (Business Department) Gold-line statement: Gold-line reproduced above, does not indicate that confirm the description only for investors ' reference,Does not constitute investment advice. Investor actions accordingly, and at your own risk.
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