Spindex Industries Limited said on Nov, 21 2025 that the High Court of Singapore has granted the company leave to convene a Court Meeting for shareholders to vote on a proposed scheme of arrangement linked to Skyline II Pte. Ltd.’s plan to acquire all issued shares of Spindex.
The scheme, first announced on Sep, 26 2025, will be carried out under Section 210 of the Companies Act and the Singapore Code on Take-overs and Mergers. Spindex will release a Scheme Document and confirm the meeting date after complying with regulatory requirements.
The board advised shareholders and investors to consider the forthcoming recommendations of the independent directors and the advice of the independent financial adviser before taking any action regarding their holdings.
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