- May 22, 1998
- Posted by: admin
- Category: SENS Announcements
Further to the cautionary announcements placed by SG and HCI in the press on 13 and 21 May 1998, and the cautionary announcements placed by CAH on 12 and 21 May 1998, BFS Capital Limited and Capital Alliance Bank Limited are authorised to announce that the parties are currently conducting negotiations regarding the merging of their respective interests in Unibank Group Limited and Capital Alliance Life Limited.
The negotiations have reached an advanced stage and shareholders are advised to continue exercising caution in their respective share dealings until such time as a conclusion is reached and a more detailed announcement is made.
Source:SUPER GROUP, HCI AND CAPITAL ALLIANCE