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Privatisation of Mandarin Oriental gets green light from independent shareholders

Felicia Tan
Felicia Tan • 1 min read
Privatisation of Mandarin Oriental gets green light from independent shareholders
Shares in Mandarin Oriental closed at US$3.30 on Dec 8. Photo: Mandarin Oriental
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Independent shareholders of Mandarin Oriental have given the listco the green light to take the company private.

Shareholders holding 99.76% of Mandarin Oriental’s shares have voted in approval of the scheme to take the company private at the court meeting on Dec 8.

Shareholders holding 99.98% of Mandarin Oriental’s shares also voted to approve the resolution at the special general meeting (SGM) to give effect to the acquisition.

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