Grand Venture Technology Limited announced that its proposed acquisition by Aalberts Advanced Mechatronics B.V. via a scheme of arrangement became effective on Oct, 27 2025, after the court’s approval order was lodged with the Accounting and Corporate Regulatory Authority.
Under the terms of the scheme, the offeror will pay the aggregate scheme consideration within seven business days of the effective date, with the company expecting payment to eligible shareholders on or around Oct, 31 2025.
The shares of Grand Venture Technology Limited are expected to be delisted from the Singapore Exchange on or around Nov, 04 2025 at 9:00 a.m.