Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

<h2>ENTRY INTO SCHEME OF ARRANGEMENT <br><br>
</h2><p>20 June 2016 - The last and final pre-condition, Shantou SAFE, <a href="http://infopub.sgx.com/FileOpen/Proj%20H%20Announcement%20Updates%20on%20SAFE%20SIC%20and%20US%20Premerger%20Notification.ashx?App=Announcement&amp;FileID=409542" target="_blank">approval</a> came in and HTL went into a trading halt</p><p>22 June 2016 - HTL and Yihua <a href="http://infopub.sgx.com/FileOpen/Joint%20Announcement%20-%2022%20June%202016.ashx?App=Announcement&amp;FileID=409839" target="_blank">entered</a> into a scheme implementation agreement.</p><p>23 June 2016 - HTL resumed trading</p><h2>RECAP<br><br>
</h2><ul>
<li>HTL International Holdings Limited (SGX:H64) manufactures, imports, and exports leather sofas and leather upholstery furniture</li>
<li>Guangdong <a href="http://www.yihuatimber.com/en/power.asp#p1" target="_blank">Yihua Timber Industry</a> Co Ltd (SHSE:600978), market cap USD 2.4bn, engages in the production, sale, and…</li>
</ul>

ENTRY INTO SCHEME OF ARRANGEMENT   
20 June 2016 - The last and final pre-condition, Shantou SAFE, approval came in and HTL went into a trading halt22 June 2016 - HTL and Yihua entered into a scheme implementation agreement.23 June 2016 - HTL resumed tradingRECAP  

HTL International Holdings Limited (SGX:H64) manufactures, imports, and exports leather sofas and leather upholstery furniture
Guangdong Yihua Timber Industry Co Ltd (SHSE:600978), market cap USD 2.4bn, engages in the production, sale, and…


HTL International - All PreConditions Met

Htl International Hldgs

HTL International - All PreConditions Met