Uecomm is aware of a press article published this morning referring to a proposed takeover bid for all of the shares in Uecomm at $0.11 per share.
Uecomm received the following letter yesterday outlining a conditional proposal.
The proposal appears to have been leaked to the media.
The Company advises, that the proposal will be considered by its Board of Directors and a response will be provided in due course. The Company will continue to keep the market informed.