Singapore Press Holdings has announced that there is a delay in the Keppel Scheme Meeting. Originally, based on an agreement between SPH and Keppel Corp, the Keppel Scheme Meeting was to be held no later than Dec 8. However, the agreement allowed for a delay the delay arises solely from certain “Specified Events”. These include obtaining the requisite approvals from regulators such as the SIC and the SGX-ST or finalisation of the IFA’s opinion.
See: Delicious de-listings
SPH's Board says as a result of a delay arising solely from a Specified Event, the Keppel Scheme Meeting will be held after the Specified Date.