Media ReleasesHunter Hall International

View All Hunter Hall International News


Hunter Hall International Limited, First Supplementary Target’s Statement in Response to Increased Bid from WHSP Bidder

WHSP Hunter Hall Pty Ltd ACN 616 648 241 (WHSP Bidder), a directly wholly owned subsidiary of Washington H. Soul Pattinson and Company Limited ACN 000 002 728 (WHSP), yesterday lodged a second supplementary bidder’s statement which increases its offer price to $2.00 per share, for all the shares in Hunter Hall International Limited (HHL) not already owned by WHSP (WHSP $2.00 Offer).

The WHSP $2.00 Offer matches the offer consideration announced by Pinnacle Ethical Investment Holding Limited on 10 February 2017 (Pinnacle $2.00 Offer).

As set out in the First Supplementary Target’s Statement attached, the independent directors of HHL (Independent Directors) recommend that you REJECT the WHSP $2.00 Offer as they consider it significantly undervalues your HHL shares. HHL shareholders should read the First Supplemental Target's Statement carefully.


For further information please download PDF attached:
Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.