July 8 (Reuters) - GBST Holdings Ltd GBT.AX :
* RECEIVED A FURTHER REVISED UNSOLICITED NON-BINDING INDICATIVE PROPOSAL FROM KIWI HOLDCO CAYCO, LTD
* PROPOSAL IS AT AN INDICATIVE PRICE OF A$3.65 PER SHARE
* HAS GIVEN DETAILED CONSIDERATION TO THIRD FNZ INDICATIVE PROPOSAL AND HAS RESOLVED NOT TO PROCEED WITH FNZ ON THAT PROPOSAL
* REMAINS IN BEST INTERESTS OF SHAREHOLDERS TO CONTINUE TO ALLOW SS&C TO UNDERTAKE DUE DILIGENCE AND TO ENGAGE FURTHER WITH SS&C
* GBST SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION IN RESPONSE TO UPDATED INDICATIVE PROPOSAL FROM SS&C AT THIS STAGE Source: Further company coverage: GBT.AX