MT Newswires09-03
Avarga (SGX:X5N) said the Singapore High Court sanctioned the scheme of arrangement under which TKO will acquire all of the company's shares, according to a Wednesday filing with the Singapore Exchange.
The scheme will become effective and binding upon lodgement of the court order with Singapore's corporate regulator.
The last day of trading in the shares will be Sept. 7, with the scheme to become effective around Oct. 16, following which it will be delisted around Oct. 27.
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