March 20 (Reuters) - Intellihr Ltd (IHR) :
- BINDING OFFER AT 20 AU CENTS PER SHARE RECEIVED FROM THE ACCESS GROUP
- BOARD UNANIMOUSLY DETERMINED THAT TAG BINDING OFFER IS A SUPERIOR PROPOSAL TO HUMANFORCE SCHEME OF ARRANGEMENT
- COMPANY HAS COMMENCED FORMAL MATCHING RIGHTS PROCEDURE WITH HUMANFORCE
- MATCHING RIGHTS PROCEDURE ALLOWS HUMANFORCE 5 BUSINESS DAYS TO PROVIDE FURTHER PROPOSAL FOR IHR BOARD TO CONSIDER
