1. Most Discussed
  2. Gainers & Losers
MCK $3.20

Ann: ASSET: MCK: Update: KIN Holdings Ltd acquisition

    • Release Date: 09/02/15 08:30
    • Summary: ASSET: MCK: Update: KIN Holdings Ltd acquisition
    • Price Sensitive: No
    • Download Document  950B
    09/02/2015 08:30
    REL: 0830 HRS Millennium & Copthorne Hotels New Zealand Limited
    ASSET: MCK: Update: KIN Holdings Ltd acquisition
    Further to its announcement on 24 December 2014 advising that it had entered
    into a conditional agreement with the Tai Tak Group (Tai Tak) for the
    acquisition of the remaining 38.7% of the shares in KIN Holdings Limited (KIN
    Holdings) which it does not already own, Millennium & Copthorne Hotels New
    Zealand Limited (NZX:MCK) advises that it has now obtained approval from the
    Australian Foreign Investment Review Board (FIRB) for the acquisition.
    Completion of the acquisition is therefore expected to take place on the last
    business day of this month, Friday 27 February.
    Millennium & Copthorne Hotels New Zealand Limited
    (09) 353 5058
    BK Chiu / Takeshi Ito
    Managing Director / Group Company Secretary
    End CA:00260393 For:MCK    Type:ASSET      Time:2015-02-09 08:30:52

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.