Jan 27 (Reuters) - Macmahon Holdings Ltd MAH.AX
* Initial response to Cimic takeover offer
* Offer price of $0.145 per share is less than current nta per share
* Preliminary view of independent directors is that cimic's offer of $0.145 per share does not represent fair value
* On basis of this initial assessment, macmahon's board strongly advises shareholders to take no action in respect of their shares Source text for Eikon: Further company coverage: MAH.AX