CHINA HEALTH LABS & DIAGNOSTICS LTD. ("CHO")
BULLETIN TYPE: Delist
BULLETIN DATE: January 9, 2014
TSX Venture Tier 1 Company
Effective at the close of business on Friday, January 10, 2014, the common shares will be delisted from TSX Venture Exchange at the request of the Company.
The delisting results from the agreement between the Company and Century Delight Investment Limited ("Century") pursuant to which Century became the sole shareholder of the Company following the Company taking action to redeem for cancellation all of the outstanding common shares of the Company not already owned by Century for cash consideration of $0.62 per share (the "Transaction").
The Transaction was effected by way of 47 million to one share consolidation and a compulsory redemption of fractional shares.
The matters relating to the Transaction were approved by a majority of the minority shareholders on December 18, 2013.
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