BRIEF-Goldin Properties announces proposed privatisation by Optima Capital

March 29 (Reuters) - Goldin Properties Holdings Ltd

* references are made to initial announcement and joint

announcement issued by offeror and company dated 27 March 2017.

* Optima Capital, on behalf of offeror, will make a

voluntary conditional cash offer to acquire all offer shares

* deal for each offer share hk$9.0 in cash

* "depending on exercise price of each relevant option,

option offer price ranges from hk$2.4991 to hk$6.31 per option."

* application been made to stock exchange for resumption of

trading of shares with effect from 1 : 00 p.m. On Wednesday, 29

March

* on assumption that no option is exercised before close of

offers and offers are accepted in full, value of share offer is

approximately hk$11,443.5 million

* offeror intends to finance cash required for offers from

two committed loan facilities from independent financial

institutions

* "offeror considers that privatisation of company will

facilitate business integration between offeror and company"

* In aggregate, offers are valued at approximately

hk$11,736.5 million

* offeror is Silver Starlight Limited

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