Aug 27 (Reuters) - BWX Ltd BWX.AX :
* BAIN CONSORTIUM REQUESTS EXTENSION
* ON AUG 24 BAIN CONSORTIUM CONFIRMED THEY HAVE SUBSTANTIALLY COMPLETED DUE DILIGENCE BUT REQUIRE UNTIL MID-SEPT TO COMPLETE THEIR WORK
* INDEPENDENT BOARD COMMITTEE DETERMINED WILL CONTINUE DISCUSSIONS WITH BAIN CONSORTIUM TO FULLY EXPLORE POSSIBILITY OF ACCEPTABLE BINDING OFFER
* IBC CONTINUES TO RECOMMEND THAT SHAREHOLDERS TAKE NO ACTION IN RESPECT OF THEIR BWX SHARES