Lippo Limited and LL Capital Holdings Limited have announced a proposed transaction involving the privatization of Lippo Limited. The proposal will be executed through a scheme of arrangement, which includes a conditional special distribution of ordinary shares in Lippo China Resources Limited. The company has outlined the effective date for the scheme, the date for the withdrawal of Lippo Limited's listing, and the dispatch of cheques and share certificates under the proposal. The sole director of the Offeror, Mr. Wai Ming Wan, along with the directors of Lippo Capital, have assured the accuracy of the information provided in the announcement.
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