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

Reuters
22 Jul
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.

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