Hawaii to be delisted

The CSE Council decided, following the Company’s request and the successful Public Offer made by Kania Holdings, to delist Hawaii Hotels Pcl (HAH) shares from trading on the CSE.

Kania submitted a cash bid of 18 cent per share to acquire 100% of Hawaii Hotels for a deal value of CYP 8.1 mln based on the 45 mln outstanding shares in circulation.