Jan 27 (Reuters) - Century Australia Investments Ltd (CYA) :...

Jan 27 (Reuters) - Century Australia Investments Ltd (CYA) :

• Proposed restructure for CYA
• Received an approach from Wilson Asset Management to restructure Century

  Australia Investments Limited

• Board will consider the advice of the independent expert and report to

  shareholders in the explanatory memorandum

• Suggests to shareholders they await receipt of the notice of meeting and

  accompanying material before making any decision

• Board is not making a recommendation in relation to the proposal until

  receiving the independent experts report