JET jetset travelworld ltd

Here you go but can not find any details on Sintack maybe not a...

  1. 7,397 Posts.
    Here you go but can not find any details on Sintack maybe not a listed company??


    ______________________________________________
    JETSET TRAVELWORLD LTD 2002-12-06 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    Sintack Pty Ltd (Sintack) announced today that it proposes to make a
    proportional off-market takeover offer for 60% of all the issued
    fully paid ordinary shares in Jetset Travelworld Limited (ACN 091 214
    998) (Jetset) in existence as at 8.00pm (Perth time) on 6 December
    2002, at a price of $0.25 per share.

    It is the present intention of Sintack for Jetset to remain as a
    listed company on the ASX. Currently, Sintack has a relevant
    interest in relation to 19.99% of the issued fully paid ordinary
    shares in Jetset.

    Although the offer will not be subject to a minimum acceptance
    condition, it will be subject to a number of conditions which will be
    detailed in the offer documents, including:

    * Jetset's share price not falling by more than 50% from the closing
    price of 5 December 2002;

    * necessary regulatory approvals (if any) being obtained;

    * no material adverse change occurring, or being discovered or
    announced, since 30 November 2002 in the business, assets,
    liabilities, profitability or prospects of Jetset; and

    * certain prescribed occurrences of the kind referred to in section
    652C(1) and (2) of the Corporations Act 2001 not occurring.

    I Alysandratos
    DIRECTOR

 
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Currently unlisted public company.

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