Often Partisan

BIH: Date of EGM Confirmed

Birmingham International Holdings have confirmed to the Hong Kong Stock Exchange this morning that the EGM to approve the various proposals for Trillion Trophy Asia to complete their takeover of the company will take place on August 29.

The announcement, which can be viewed here also confirms the revised timetable of events needed to happen to complete the deal with the resumption of trading of shares due on October 31 – news that will brighten Blues fans who worried it would not be completed in time for the January transfer window.

The full details of what is to be voted on have been dispatched in a 286 page circular to shareholders – I’ve not read it yet, but if you’ve got a couple of hours to spare that is right here.

This follows disclosures made yesterday confirming Kingston Securities as underwriters for the deal and is a significant step forwards in the last steps of the takeover.

I’ll be publishing more on this this evening, once I’ve had chance to fully digest the announcements.

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