China Health Labs & Diagnostics Ltd. completes privatization
January 07 2014 - 1:25PM
PR Newswire (Canada)
TORONTO, Jan. 7, 2014 /CNW/ - China Health Labs &
Diagnostics Ltd. ("China Health" or the "Company") (TSXV:CHO)
announced that its going private transaction by way of share
consolidation and compulsory redemption was completed on
December 30, 2013 and the cash
consideration of CAN$0.62 per share (pre-consolidated basis) was
paid to registered shareholders on January
6, 2014. Beneficial shareholders (i.e., shareholders
holding through brokers, investment dealers, banks, trust companies
or other nominees) who held shares should contact their broker, or
such other intermediary who held shares on their behalf, to confirm
or arrange for the delivery of the consideration to which they are
entitled. The common shares of the Company will be delisted
from the TSX Venture Exchange and the Company will be notifying or
applying to the applicable Canadian securities regulatory
authorities to cease to be a reporting issuer in each province in
which it is a reporting issuer.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE CHINA HEALTH LABS &
DIAGNOSTICS
Copyright 2014 Canada NewsWire
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