On behalf of BTRL my client, the offer is not conditional. Upon the making of the offer it becomes a binding offer and cannot be withdrawn.
The offer upon acceptance is binding upon both parties. Several hapless unit holders accepted the offer and where caught out by failing to remove there units from comsec.
Clearly my client is a more compassionate person than others.
He has released those who have accepted and been caught in Mac Banks acquisition.
It is for this reason that BTRL have been seeking out several large parcels to purchase.
BTRL were offered a substantial six figure sum to relieve an overseas bank of a holding. This holding was subsequently acquired by Mac Bank
Subject: Questions about Brisconnection share Transfer
Dear Mr.xxxxx xxxxxxx,
This is Ji-Hyun Kim from Shinhan Bank in Korea. Right before, I and SS Lee had a conference call with you.
Currently we hold 3,333,332 shares of BrisConnections together with Shinhan Life Insurance (respectively 1,666,666 shares) and want to sell these shares.
So, before we dispose of our shares, it would be good to know details about how long it will take to sell our shares , what the process is and what kind of documents are required.
Could you advise us above-mentioned questions and send us necessary forms via e-mail?
It would be most appreciated if you can email us asap.