ARL RECEIVES BIDDER'S STATEMENT FROM HAMILTON SECURITIES LIMITED...

ARL RECEIVES BIDDER'S STATEMENT FROM HAMILTON SECURITIES LIMITED

[At 6pm on 7 April 2015, Asset Resolution Limited (ARL) received
a Bidder's Statement from Hamilton Securities Limited (HSL)
offering to acquire all shares in ARL for consideration of $0.01 per share (Offer).
At this stage ARL has not had an opportunity to review
HSL's Bidder's Statement in relation to its Offer and as a result
ARL's directors are not yet in a position to make a formal
recommendation to shareholders.
The directors of ARL  will meet shortly to consider the Offer in detail.
Until ARL's directors have issued their formal response
providing their recommendation whether to accept or refuse the Offer,
shareholders are advised to take no action in relation to HSL's Offer.
……………………………………………… it goes on:
As the Offer must remain open for at least one calendar month
from when it opens, ARL shareholders will have ample time
to make a decision in respect of the Offer.]

Time to waste till 5 May, heh!