Court Approves Scheme

Summary by 6ix AI

The filing reports that the Supreme Court of New South Wales has approved a scheme of arrangement for SDI Limited, allowing InnoXvest Dental Pty. Ltd to acquire all issued shares of SDI for a cash consideration per share. The scheme is expected to become effective following the lodging of the Court's orders with the Australian Securities and Investments Commission. SDI will request a suspension of its shares on the ASX prior to the scheme's implementation date.

Written by 6ix AI from the company’s filing. How 6ix writes summaries