Lepu's out of the bidding it appears, but it does say in absence...

Lepu's out of the bidding it appears, but it does say in absence of a superior proposal......

"Viralytics’s largest shareholder, Lepu Medical Group, which currently holds voting power in 13 percent of the Viralytics’s shares, has informed Viralytics that it intends to vote the shares it holds at the time of the Scheme meeting in favour of the Scheme, in the absence of a superior proposal and subject to the Viralytics directors maintaining their recommendation to vote in favour of the Scheme. "