TRADING HALT
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- UPDATE ON THE POSSIBLE TRANSACTION PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE EXTENSION OF THE EXCLUSIVE PERIOD
- JOINT ANNOUNCEMENT(1)COMPLETION OF THE SALE AND PURCHASE OF THE SALE SHARES IN QUALI-SMART HLDGS LTD.;(2)MANDATORY UNCONDITIONAL CASH OFFERS BY CINDA INT’L & RAINBOW CAPITAL FOR AND ON BEHALF OF YAEL CAPITAL MGT. LTD TO ACQUIRE ALL THE ISSUED SHARES OF QUALI-SMART HLDGS LTD & TO CANCEL ALL OUTSTANDING OPTIONS OF QUALI-SMART HLDGS LTD(OTHER THAN THOSE ALREADY OWNED &/OR AGREED TO BE ACQUIRED BY YAEL CAPITAL MGT LTD & PARTIES ACTING IN CONCERT WITH IT);(3)APPOINTMENT OF IFA;& RESUMPTION OF TRADING