Thing On Enterprise Ltd. Announces Scheme of Arrangement Under Cayman Islands Law

Reuters

Jul 17, 2025

Thing On Enterprise Ltd. Announces Scheme of Arrangement Under Cayman Islands Law

Thing On Enterprise Limited, incorporated in the Cayman Islands, is currently undergoing a restructuring process as part of a scheme of arrangement under section 86 of the Companies Act of the Cayman Islands. A scheme document jointly issued by Thing On Group Limited and Thing On Enterprise Limited, dated 18 July 2025, outlines the procedure for shareholders holding scheme shares as of 1 September 2025. Shareholders are required to submit a completed Account Holder Form by 4:30 p.m. on 15 September 2025 to elect a Share Alternative. The process involves the submission of KYC documents, as specified in the scheme document. The Offeror and the Share Registrar are committed to assisting shareholders in correcting any clerical errors in submitted forms before the election deadline. However, it remains the responsibility of the account holders to ensure the correct and timely submission of their election forms.

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. Thing On Enterprise Ltd. published the original content used to generate this news brief on July 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces Scheme of Arrangement Under Cayman Islands Law","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Thing On Enterprise Ltd. Announces Scheme of Arrangement Under Cayman Islands Law\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Thing On Enterprise Limited, incorporated in the Cayman Islands, is currently undergoing a restructuring process as part of a scheme of arrangement under section 86 of the Companies Act of the Cayman Islands. A scheme document jointly issued by Thing On Group Limited and Thing On Enterprise Limited, dated 18 July 2025, outlines the procedure for shareholders holding scheme shares as of 1 September 2025. 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