Friday, December 21, 2012 10:33:58 AM
This represents a 30.8% premium over the closing price of $6.88 per ADS as quoted by the New York Stock Exchange (on July 5, 2012, the last trading day prior to the Company's announcement on July 6, 2012 that it had received a "going private" proposal, and a 44.8% and 34.2% premium to the volume-weighted average closing price of the Company's ADSs during the 30 and 60 trading days prior to August 13, 2012, respectively. The consideration to be paid to holders of ordinary shares and ADSs implies an equity value of the co at ~US$173 million, on a fully diluted basis.
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