VLW villa world limited.
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July 2 (Reuters) - Villa World Ltd (VLW) : UPDATES ON AVID...

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    02/07/19
    09:15
    Post #: 39327940

    July 2 (Reuters) - Villa World Ltd (VLW) :

    • UPDATES ON AVID PROPOSAL
    • BOARD DECIDED TO GRANT EXCLUSIVE DUE DILIGENCE TO AVID TO ENABLE AVID TO PROGRESS ITS REVISED PROPOSAL & FACILITATE A BINDING PROPOSAL
    • CO'S ENGAGEMENT WITH AVID IS NOW BEING CONDUCTED ON A NON-EXCLUSIVE BASIS FOLLOWING EXPIRY OF EXCLUSIVITY PERIOD
    • SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION IN RELATION TO REVISED PROPOSAL AT THIS STAGE
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