June 19 (Reuters) - GBST Holdings Ltd GBT.AX :
* RECEIVED A REVISED NON-BINDING INDICATIVE PROPOSAL FROM BRAVURA SOLUTIONS LIMITED
* BRAVURA SOLUTIONS OFFERS $2.72 PER GBST SHARE
* BOARD OF GBST REVIEWING REVISED INDICATIVE PROPOSAL
* GBST SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION IN RELATION TO REVISED INDICATIVE PROPOSAL AT THIS TIME
* BRAVURA NO LONGER PROPOSING CASH AND SCRIP ALTERNATIVE REFERRED TO IN ITS INDICATIVE PROPOSAL