Scheme becomes effective

Summary by 6ix AI

SDI Limited announces that the scheme of arrangement for its acquisition by InnoXvest Dental Pty. Ltd has become effective, following approval from the Supreme Court of New South Wales. Under this scheme, shareholders will receive cash consideration for their shares, and trading of SDI shares on the ASX will be suspended. The implementation of the scheme is expected to occur shortly, with specific dates provided for shareholder records and payments.

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