Paliburg Holdings Limited Announces Update on Disposal of Property Holding Company

Reuters
Sep 01
Paliburg Holdings Limited Announces Update on Disposal of Property Holding Company

Paliburg Holdings Limited has announced a transaction involving the disposal of a property holding company. According to a circular issued by the company, the sale has received approval from shareholders through written consent. The transaction's approval is contingent upon a resolution being passed at the Century City SGM. Paliburg has reassured stakeholders that no shareholder has a material interest in the transaction, and thus, no abstention from voting is required. The circular was dispatched to Paliburg Shareholders for informational purposes.

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