Independent adviser says CapitaLand’s restructuring plan ‘fair and reasonable’ – The Straits Times

Property giant CapitaLand’s restructuring plan is “fair and reasonable”, the independent financial adviser (IFA) in the deal said in a letter last Saturday. The company’s independent directors have thus recommended that shareholders give the green light to both a capital reduction exercise and a scheme of arrangement when they vote on the planned transaction next…

Heron holds Woodlawn hope as administrators called in – Australian Mining

Image: Heron Resources Latest News FTI Consulting will continue to care and maintain the Woodlawn zinc-copper mine following Heron Resources decision to enter voluntary administration after struggling to restart the operation, which has been inoperative since March 2020 On Friday, Herons board of directors appointed Chris Hill, David McGrath and Mike Ryan of FTI Consulting…

NCLT clears 423-cr resolution plan for Appu Hotels – BusinessLine

The National Company Law Tribunal, Chennai, has approved the Resolution Plan submitted by MK Rajagopalan, Chairman and Managing Director of MGM Healthcare Group, on the Insolvency and Bankruptcy case of Appu Hotels Ltd, which operates Le Meridien Chennai, Coimbatore and the Riverside Spa and Resorts. R Sucharitha, Member (Judicial) and Anil Kumar, Member (Technical), NCLT,…

Shareholder value in CapitaLand restructuring plan is ‘fair and reasonable’: IFA – The Straits Times

SINGAPORE (THE BUSINESS TIMES)- Property giant CapitaLand’s restructuring plan is “fair and reasonable”, the independent financial adviser (IFA) in the deal said in a letter on Saturday (July 17). The independent directors have thus recommended that shareholders green-light both a capital reduction exercise and a scheme of arrangement when they vote on the planned transaction…