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News: QIP IPH Responds To Media Speculation Regarding IPH Proposal To QANTM

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    27/11/18
    09:35
    Post #: 36649237

    Nov 27 (Reuters) - IPH Ltd (IPH) :

    • NOTES MEDIA SPECULATION REGARDING APPROACH BY IPH TO QANTM INTELLECTUAL PROPERTY GROUP LTD IN RELATION TO A POTENTIAL TRANSACTION
    • CONFIRMS THAT CO MADE NUMBER OF APPROACHES ON BASIS OF NON-BINDING, CONDITIONAL PROPOSALS TO COMBINE IPH AND QANTM VIA SCHEME OF ARRANGEMENT
    • QANTM NOTIFIED IPH THAT IT WOULD NOT PROCEED WITH PROPOSAL
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