Published 20 April 2007
Trans Tasman Properties Ltd will be delisted from the close of business on Friday 27 April, following SEA Holdings NZ Ltd’s compulsory acquisition notice on 16 April. Trading in Trans Tasman shares will cease on Monday 23 April.
SEA made a 60c/share offer for outstanding stock on 4 April. By Monday it held 93.73% of Trans Tasman.
23 March 2007: SEA gets 90% of Trans Tasman and launches new bid
14 October 2006: SEA makes it to 80% of Trans Tasman
9 October 2006: SEA won’t extend Trans Tasman bid again
4 October 2006: SEA crawls to 78.3% of Trans Tasman
17 September 2006: 5 large investors holding out as SEA extends Trans Tasman bid again
Attribution: Company statement, story written by Bob Dey for this website.