Kangaroo Island Plantation Timbers Ltd recommends 'take no a

Kangaroo Island Plantation Timbers recommends ‘take no action’ on takeover offer
The unconditional offer at $1.05 cash per share was received this morning from Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund.
KPT shares have today traded as much as 7.7% higher to $1.13.
Kangaroo Island Plantation Timbers Ltd recommends that shareholders take no action in relation to an on-market takeover bid by Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund.
The unconditional offer at $1.05 cash per share was received this morning with KPT shares trading as much as 7.7% higher intra-day to $1.13.

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