SRF surfstitch group limited
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News: SRF Surfstitch Group Ltd updates on Coastalwatch's expressions of interest

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    02/11/16
    11:42
    Post #: 20305934

    Nov 2 (Reuters) - Surfstitch Group Ltd (SRF)

    • Company is currently defending litigation in regard to contracts entered into in fiscal year 2016
    • Company has recently received a number of unsolicited, non-binding and indicative expressions of interest
    • Board has formed view that indicative proposal is not in best interests of company and its shareholders
    • Bard does not propose to engage with CW in respect of indicative proposal as received
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