January 9, 2017 / 10:50 PM / 6 months ago

BRIEF-Intime Retail Group announces proposal for privatisation

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Jan 10 (Reuters) - Intime Retail Group Co Ltd

* on 28 December 2016, joint offerors requested board to put forward proposal to scheme shareholders

* proposal regarding proposed privatisation of company

* application has been made by company to stock exchange for resumption of trading in shares on stock exchange on 10 january 2017

* scheme shares will be cancelled in exchange for payment by joint offerors to each shareholder of cancellation price of hk$10.00 for each share. Source text for Eikon: Further company coverage:

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