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| Exchange Disseminated Time 22/02/2017 11:19:24 | HOV Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 22, 2017, have considered and approved the following;
1. The proposed business combination of SourceHOV Holdings Inc., a Delaware (USA) based corporation ("SourceHOV") and Novitex Holdings, Inc. ("Novitex") with Quinpario Acquisition Corp. 2 ("QPAC"), publicly traded company listed on NASDAQ (NASDAQ: QPAC); and
2. Notice of postal ballot for the purpose of seeking shareholders' approval for the above if needed per applicable law.
Further, in terms of the Insider Trading Policy of the Company, the Trading Window for dealing in the securities of the Company will remain closed from March 06, 2017 until closing of above transaction, which will be intimated to the Exchanges on such date. |
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