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News: IHR Intellihr Board Withdraws Recommendation For Humanforce Scheme

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    29/03/23
    11:40
    Post #: 67017847

    March 29 (Reuters) - Intellihr Ltd (IHR) :

    • BOARD WITHDRAWS RECOMMENDATION FOR HUMANFORCE SCHEME
    • HUMANFORCE COUNTER PROPOSAL IS INFERIOR TO FIRST TAG PROPOSAL
    • INTENDS TO TERMINATE HUMANFORCE SCHEME IMPLEMENTATION DEED
    • BOARD COMMITTEE CONSIDERS SECOND TAG PROPOSAL, COMPRISING SCHEME AND OFF-MARKET TAKEOVER BID, HAS GOOD PROSPECT OF SUCCESS
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