Latest Scheme Of Arrangement News

The Federal Court has approved Platinum Asia Investments' scheme to convert shares into ETF units, marking a significant restructuring for shareholders. Key dates for trading suspension, valuation, and dividend payments are set for August.

Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.

WAM Leaders Limited reported a strong $63.8 million net profit for FY2025 and declared a fully franked final dividend of 4.7 cents per share, despite its investment portfolio underperforming the benchmark index.

Adriatic Metals shareholders have overwhelmingly approved Dundee Precious Metals’ recommended acquisition scheme, clearing a major hurdle toward completion. Key regulatory approvals are in place, with the final court sanction hearing scheduled for late August.

Renergen Limited has received a crucial Competition Commission approval, enabling it to move forward with integration plans alongside ASP Isotopes Inc despite a slight delay in the Scheme timetable.

AVJennings Limited has officially been acquired by Proprium Capital Partners through a scheme of arrangement, triggering a special dividend payout and the company’s imminent delisting from the ASX.

Dundee Precious Metals Inc. shareholders have overwhelmingly approved a key resolution and a corporate name change, clearing a major hurdle in their recommended acquisition of Adriatic Metals Plc. This milestone sets the stage for the final court sanction and subsequent integration steps.

Dundee Precious Metals has confirmed the court sanction hearing date for its recommended acquisition of Adriatic Metals, with key shareholder meetings scheduled and a flexible cash-share mix option offered to shareholders.

The Tanzanian Mining Commission has granted consent for Shenghe Resources to acquire all remaining shares in Peak Rare Earths, advancing a major consolidation in the rare earths sector. The deal still awaits shareholder and regulatory approvals before completion.

Platinum Asia Investments shareholders have decisively approved a scheme to restructure the company by swapping their shares for units in a new ETF, moving the firm closer to a significant transformation pending court approval.

Platinum Asia Investments Limited secured overwhelming shareholder approval for its Scheme of Arrangement, with nearly 98.5% voting in favor at the recent meeting.

Platinum Asia Investments Limited (PAI) held a pivotal Scheme Meeting seeking shareholder approval to restructure by exchanging shares for units in the Platinum Asia Fund Complex ETF (PAXX), accompanied by a special dividend payment. The outcome will reshape PAI’s investment management and ownership structure.