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Stock impact report

BW LPG Limited - Result of Subsequent Court Hearing Regarding the Redomiciling to Singapore [Yahoo! Finance]

BW LPG Limited Common Shares (BWLP) 
Company Research Source: Yahoo! Finance
ticker code: "BWLPG.OL", NYSE ticker code "BWLP") on 13 June 2024 regarding the subsequent court hearing (the " Sanction Hearing ") at which the Company was to petition the Supreme Court of Bermuda (the " Court ") to sanction the scheme of arrangement (the " Scheme ") between the Company and its shareholders pursuant to Section 99 of the Bermuda Companies Act 1981 as amended in order to effect a discontinuance of the Company from Bermuda and continuance to Singapore and adopt the constitution of the Company which will take effect upon continuance in Singapore (the " Redomiciliation "). The Court held the Sanction Hearing on 20 June 2024 where the Court sanctioned the Scheme. A copy of the court order is expected to be filed with the Registrar of Companies in Bermuda on or around 25 June 2024, upon which the Scheme will become binding on the Company and its shareholders. The Company expects that the Redomiciliation will come into effect on or around 1 July 2024, subject to the fili Show less Read more
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