BRIEF-Hotel Grand Central Announces Take-Over Offer For Grand Central Enterprises

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July 22 (Reuters) - Hotel Grand Central Ltd:

* CONDITIONAL VOLUNTARY TAKE-OVER OFFER FOR GRAND CENTRAL ENTERPRISES

* TOTAL CONSIDERATION FOR OFFER SHARES WILL BE 24.8 MILLION RGT

* SERVED PROPOSAL LETTER TO BOARD OF GRAND CENTRAL ENTERPRISES REQUESTING TO CONSIDER VOLUNTARY WITHDRAWAL OF GCEB'S LISTING Further company coverage: