News: ASZ ASG Group says NRI obtains FIRB approval for proposal to acquire ASG

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    Dec 7 (Reuters) - ASG Group Ltd (ASZ)

    • NRI obtains FIRB approval for proposal to acquire ASG Group
    • Foreign Investment Review Board (FIRB) has confirmed it has no objections under foreign acquisitions and takeovers act 1975
    • No objections to proposal from Nomura Research Institute, Ltd. (NRI) to acquire 100% of shares in ASG
    • NRI proposes to acquire ASG by way of scheme of arrangement, at a price of $1.63 per share
 
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