Balwin Properties Receives Offer By Bidco To Acquire All Eligible Issued Shares In Co

About this update from Balwin Properties Ltd.

Balwin Properties Ltd JSE:BWN:JSE: BWN - FIRM INTENTION: OFFER BY BIDCO TO ACQUIRE ALL THE ELIGIBLE ISSUED SHARES IN BALWIN BY WAY OF A SCHEME OF ARRANGEMENTBALWIN PROPERTIES LTD: RECEIVED FIRM INTENTION LETTER CONFIRMING CONSIDERATION WILL BE CASH AMOUNT EQUAL TO R4.35 PER SCHEME SHARE

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