MGC mg unit trust
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News: MGC MG Unit Trust clarifies on media speculation

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    21/09/17
    15:25
    Post #: 27372915

    Sept 21 (Reuters) - MG Unit Trust (MGC) :

    • Notes recent media speculation regarding its previously announced strategic review
    • Confirms that it has received a number of confidential, non-binding indicative proposals
    • No offer has been received for units in MG Unit Trust for $1.20 per unit, as speculated in media
    • MG and financial advisor Deutsche Bank AG are engaging with a number of parties to assess proposals, including valuation
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