BRIEF-Reef Casino Trust Says Board Of RCSl Is In Ongoing And Incomplete Negotiations On Proposals

Reuters

04-30

BRIEF-<a href="https://laohu8.com/S/RCTUF">Reef Casino Trust</a> Says Board Of RCSl Is In Ongoing And Incomplete Negotiations On Proposals

April 30 (Reuters) - Reef Casino Trust RCT.AX:

BOARD OF RCSL IS IN ONGOING AND INCOMPLETE NEGOTIATIONS WITH BOTH IRIS AND MORRIS GROUP IN RELATION TO PROPOSALS
CONFIRMS THAT BOTH PROPOSALS ARE IN EXCESS OF A$200M FOR ALL OF COMPONENT PARTS
THERE IS NO CERTAINTY THAT DISCUSSIONS WILL LEAD TO A TRANSACTION
PROPOSALS TO ACQUIRE 100% OF UNITS IN RCT

Further company coverage: RCT.AX

((Reuters.Briefs@thomsonreuters.com;))

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