Business
Result of EGM & Court Meeting
Result of EGM & Court Meeting.
About this update from Creo Medical Group Plc
[{"type":"text","content":"\n RNS Number : 1787N China Real Estate Opportunities PLC 07 June 2010 \n \n\n \nCHINA REAL ESTATE OPPORTUNITIES PLC\nScheme of Arrangement update: results of shareholder meetings\nFurther to the announcement by China Real Estate Opportunities plc (\"CREO\" or the \"Company\") on 21 May 2010 regarding the posting of the circular in relation to the listing of a Singapore Business Trust, to be known as Treasury China Trust (\"TCT\") of which CREO would become a 100% owned subsidiary, the associated admission of TCT to the Official List of the Singapore Stock Exchange (\"SGX\") and cancellation of the admission of CREO ordinary shares to AIM (\"Scheme Document\"), the Company is pleased to announce that at the Court Meeting and Extraordinary General Meeting held earlier today to approve the Scheme and associated matters, all resolutions were passed.\nAs described in the announcement made by the Company on 26 April 2010, the move to Singapore and consequent cancellation of its AIM listing, to be effected by the Scheme, is intended to position the Company closer to its asset base and facilitate demand from Asian investors.\nAt the Court Meeting, the required majority in number of those Scheme Shareholders present and voting, either in person or by proxy, representing 100 per cent. of the voting rights of all Scheme Shares in respect of which votes were cast, voted in favour of the Scheme. The voting of those Scheme Shareholders who cast votes either in person or by proxy at the Court Meeting was as follows:\n\n\n\n\n \n\n\nTotal Votes\n\n\nVotes for the Scheme\n\n\nVotes against the Scheme\n\n\n\n\n \n\n\nNo. of Scheme Shareholders\n\n\nNo. of Scheme Shares Represented\n\n\nNo. of Scheme Shareholders (and %)\n\n\nNo. of Scheme Shares Represented (and %)\n\n\nNo. of Scheme Shareholders (and %)\n\n\nNo. of Scheme Shares Represented (and %)\n\n\n\n\nTotals in person and by proxy\n\n\n \nn/a\n\n\n \nn/a\n\n\n \nn/a\n\n\n \nn/a\n\n\n \nn/a\n\n\n \nn/a\n\n\n\n\n329\n\n\n28,077,788\n\n\n329(100%)\n\n\n28,077,788 (100%)\n\n\n0 (0%)\n\n\n0 (0%)\n\n\n\n\n \nAt the EGM, all of the resolutions required to implement the Scheme and certain other connected matters were passed on a poll.\nIn order to become operative in accordance with its terms, the Royal Court of Jersey must now s...