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Offeror holds 65.75% in Geotech Hldgs (01707)
11 Jan 2019
(Infocast News) Geotech Holdings (01707) announced that as at the latest time and date for acceptance of the offer made by Star Merit Global, the offeror received valid acceptances in respect of 183.48 million shares of Geotech Holdings under the offer, representing 13.11% of the total issued share capital of the company.

Immediately after the close of the offer, taking into account the valid acceptances in respect of the 183.48 million shares, the offeror and parties acting in concert with it would hold an aggregate of 920.48 million shares of Geotech Holdings, representing 65.75% of the total issued share capital of the company.

(WL)
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