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BRIEF-SMS Management enters into scheme implementation agreement with ASG
June 20, 2017 / 1:46 PM / 6 months ago

BRIEF-SMS Management enters into scheme implementation agreement with ASG

June 20 (Reuters) - SMS Management & Technology Ltd :

* SMS enters into scheme implementation agreement with ASG

* ASG will acquire 100% of issued share capital of SMS for $1.80 in cash per share by way of scheme of arrangement

* SMS directors unanimously recommend ASG scheme

* Should ASG scheme be implemented SMS will have discretion to pay a fully-franked special dividend of up to maximum of 10.2 cents per share Source text for Eikon: Further company coverage:

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