The court must approve CA. Aggrieved SH had the opportunity to oppose the proposed settlement ask the court to disprove settlement. If SH yes vote wins then court decision expected Dec. 14
There are two upcoming CA court hearings;
Column 1 Column 2 1 Thursday, November 16, 2017 Hall Proceeding Settlement approval hearing (the Court has indicated that it will hear argument on this date but will adjourn judgment and final orders until the Second Court hearing) 2 Sunday, November 26, 2017 Deadline for receipt of Voting Proof of Debt Forms and Proxy Forms for the Scheme Meeting 3 Tuesday, November 28, 2017 Creditors and shareholders Scheme Meeting 4 Wednesday, December 6, 2017 AGM 5 Thursday, December 14, 2017 Second Court hearing to approve the SGH Schemes (if adjourned, also the hearing for the Hall Proceeding Settlement approval decision)
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- Ann: Senior Lender Scheme Explanatory Statement
Ann: Senior Lender Scheme Explanatory Statement, page-157
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