On 14 July 2017, GLP and Nesta Investment Holdings Limited jointly announced a proposed privatization of GLP at S$3.38 cash per share. The proposed privatization will be undertaken by way of a Scheme of Arrangement, and will require shareholders’ approval.
Shareholders may attend the Scheme Meeting in person or send in their vote*.
- Latest date for lodgement of Proxy Form: 10.00 a.m., November 27, 2017
- Date of Scheme Meeting: 10.00 a.m., November 30, 2017
- If approved, expected date for payment to shareholders: By January 19, 2018**
Shareholders are advised to refrain from taking any action in relation to their shares which may be prejudicial to their interests until they or their advisers have considered the information set out in the Scheme Document, which has been dispatched to shareholders on 27 October 2017.
*Appoint a proxy to vote on your behalf at the Scheme Meeting
**Date is indicative and is subject to change. Actual date will be announced by GLP in due course.