Following the satisfaction of the scheme’s conditions, the scheme will become “effective and binding” upon the lodgement of the court order with the Accounting and Corporate Regulatory Authority of Singapore (ACRA).
Japfa will delist on or around June 10 after the court sanctioned its scheme of arrangement on May 15.
On Jan 24, Japfa (SGX:UD2
) ’s controlling Santosa family made an offer of 62 cents per share with the intent to delist the company.
