Business
Scheme of arrangement re Cour
Scheme of arrangement re Cour.
About this update from Creo Medical Group Plc
[{"type":"text","content":"\n RNS Number : 7433N China Real Estate Opportunities PLC 16 June 2010 \n \n\nChina Real Estate Opportunities plc\nScheme of Arrangement update: Court Order issued to sanction Scheme\n \nFurther to the announcement by China Real Estate Opportunities plc (\"CREO\" or the \"Company\") on 7 June 2010 regarding the approval of the Scheme and associated matters at the Court Meeting and the EGM, the Company is pleased to announce that the Royal Court of Jersey has today issued the order sanctioning the Scheme by which the transfer of the Company to Treasury China Trust, a Singapore business trust to be listed by introduction on Singapore Exchange Securities Trading Limited (\"SGX-ST\"), is being implemented. The Scheme will become effective in accordance with its terms upon the Court Order being delivered to the Registrar of Companies in Jersey which is expected to take place on 18 June 2010. The provisions of the Scheme will become operative at 9.00 a.m. (Singapore time) on 21 June 2010.\nThe ordinary shares in CREO were this morning suspended from trading on AIM. The quotation of the CREO shares on AIM is expected to be cancelled at 7.00 a.m. on 21 June 2010. An expected timetable of principal events is set out below.\n \n\n\n\n\nEvent\n\n\nTime and/or date\n\n\n\n\nDelivery of Court Order to the Registrar of Companies (Scheme Effective Date)\n\n\n18 June 2010\n\n\n\n\nOperative Time of the Scheme\n\n\n9.00 a.m. (Singapore time) on 21 June 2010\n\n\n\n\nCancellation of admission to trading on AIM of Shares\n\n\n7.00 a.m. (London time) on 21 June 2010\n\n\n\n\nListing and commencement of trading of TCT Units on the SGX-ST\n\n\n21 June 2010\n\n\n\n\n \nThe dates given are based on CREO's current expectations and may be subject to change. If any of the expected dates change, CREO will give adequate notice of the changes by issuing an announcement through a Regulatory Information Service or by displaying a notice on its website (www.china-reo.com).\n \nTerms defined in the Scheme Document shall have the same meaning(s) when used in this announcement.\nEnquiries to:\n \nCREO \nRay Horney, Chairman ...