Business
ROGERS SUGAR INCOME FUND ANNOUNCES UNITHOLDER AND COURT APPROVAL FOR PLAN OF ARRANGEMENT
ROGERS SUGAR INCOME FUND ANNOUNCES UNITHOLDER AND COURT APPROVAL FOR PLAN OF ARRANGEMENT
About this update from Rogers Sugar Inc.
[{"type":"text","content":"\n\n\n\n Oct. 4, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n /NOT FOR DISSEMINATION INTO THE UNITED STATES OR TO UNITED STATES\n WIRE SERVICES/\n \n\n MONTREAL, Oct 4 /CNW Telbec/ - Rogers Sugar Income Fund (the "Fund")\n (TSX: RSI.UN) announced today that at the special meeting of its holders\n of units (the "Unitholders") held on September 29, 2010, the\n Unitholders approved the previously announced conversion of the Fund to\n a corporate structure by way of a plan of arrangement (the "Arrangement")\n under section 192 of the Canada Business Corporations Act\n involving the Fund, its Unitholders and Rogers Sugar Inc. ("RSI").\n As part of the Arrangement, the Unitholders also approved the adoption\n of a stock option plan for RSI. The Arrangement was subject to the final\n approval of the Supreme Court of British Columbia which was granted\n today.\n \n\n It is expected that the Arrangement will be effective on or about\n January 1, 2011 and that the common shares, the third series debentures\n and the fourth series debentures of RSI will begin trading on the\n Toronto Stock Exchange on the first business day following the\n completion of the Arrangement under the symbol "RSI", "RSI.DB.B" and\n "RSI.DB.C", respectively.\n \n\n About Rogers Sugar Income Fund\n \n\n The Fund is an open-ended, limited purpose trust established under the\n laws of the Province of Ontario. The Fund holds all of the co...