Oct 11 (Reuters) - Villa World Ltd (VLW) :
- SHAREHOLDERS VOTED TO APPROVE SCHEME OF ARRANGEMENT FOR PROPOSED ACQUISITION OF VILLA WORLD BY AVID PROPERTY GROUP AUSTRALIA
- APPLIED TO COURT FOR APPROVAL OF SCHEME AT A HEARING SCHEDULED FOR 15 OCTOBER
- DECLARED A FULLY FRANKED SPECIAL DIVIDEND OF A$0.31 PER SHARE SUBJECT TO SCHEME BECOMING EFFECTIVE