BRIEF-Avjennings Enters Into Scheme Implementation Deed With AVID

Reuters

04/01

April 1 (Reuters) - Avjennings Ltd AVJ.AX:

ENTERS INTO SCHEME IMPLEMENTATION DEED WITH AVID
TO ACQUIRE ALL ORDINARY SHARES IN AVJENNINGS FOR A$0.655 CASH CONSIDERATION PER SHARE
CONFIRMS NO BINDING PROPOSAL RECEIVED FROM HO BEE LAND AND IT HAS TERMINATED ALL DISCUSSIONS

Further company coverage: AVJ.AX

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

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