Further to the First Cautionary Announcement issued on 16 September 2015, informing the market that the Board of Directors of REIZ (“Board”) had received a firm intention to make an offer from a third party, the Board wishes to inform the market that they have received an indicative expression of interest from another party to acquire a majority interest in the issued share capital of REIZ.
The Board is reviewing this expression of interest and has similarly initiated the appropriate steps and responses in line with the requirements of the Securities (Takeovers and Mergers) Rules 1993.
Shareholders will be updated of any further developments if any.
The information contained herein may be of a price sensetive nature and investors are advised to exercise caution when dealing in REIZ shares until further information is provided.
By order of the Board