March 25 (Reuters) - iCollege Ltd ICT.AX :
* UNSOLICITED PROPOSED TAKEOVER OFFER BY ICOLLEGE LIMITED
* NOTES THAT ICOLLEGE LTD LODGED BIDDER'S STATEMENT FOR PROPOSED OFF-MARKET TAKEOVER BID
* BOARD IS REVIEWING THE ICT OFFER & BIDDER'S STATEMENT & IS NOT IN A POSITION TO MAKE A RECOMMENDATION AS YET
* TAKEOVER BID FOR 7.6 ORDINARY SHARES IN ICT FOR EVERY 1 ORDINARY SHARE IN CO