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News: DWS SMS Management enters into scheme implementation agreement with ASG

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    20/06/17
    23:50
    Post #: 25393053

    June 20 (Reuters) - SMS Management & Technology Ltd (SMX) :

    • SMS enters into scheme implementation agreement with ASG
    • ASG will acquire 100% of issued share capital of SMS for $1.80 in cash per share by way of scheme of arrangement
    • SMS directors unanimously recommend ASG scheme
    • Should ASG scheme be implemented SMS will have discretion to pay a fully-franked special dividend of up to maximum of 10.2 cents per share
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