ARC Capital Holdings : ARC – plans $30m cash return

ARC will distribute $30m (the proceeds of its sale of Beijing Science & Technology Management and Goodbaby – the buggy manufacturer). The distribution will be achieved via mandatory purchase of c11.5% of each shareholding at $0.88 per share (around NAV). The ex date for the distribution is 17 December and proceeds are payable on 23 December.

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