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;))