Lippo Limited Announces Court-Directed Meeting to Consider Scheme of Arrangement

Reuters
07-22
Lippo Limited Announces Court-Directed Meeting to Consider Scheme of Arrangement

Lippo Limited is set to hold a court-directed meeting for its registered shareholders to consider and potentially approve a proposed scheme of arrangement. This meeting, scheduled for August 20, 2025, will take place at the Renaissance Harbour View Hotel in Hong Kong and will be accessible online for overseas shareholders. The scheme aims to address the company's current financial restructuring needs. As per the Hong Kong Code on Takeovers and Mergers, shares held by the Offeror and its affiliates will not be eligible for voting, ensuring that only other scheme shareholders participate in the decision-making process. Relevant documents, including the Scheme and Explanatory Memorandum, have been distributed to shareholders and are available online and at the company's registered office.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lippo Limited published the original content used to generate this news brief on July 22, 2025, and is solely responsible for the information contained therein.

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