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Stock impact report

HAFNIA LIMITED: Result of Subsequent Court Hearing Regarding the Redomiciliation to Singapore

Hafnia Limited Common Shares (HAFN) 
Company Research Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Reference is made to the stock exchange announcement made by Hafnia Limited (“Hafnia” or the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on 12 September 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 19 September 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 27 September 2024, upon which the Scheme will become binding on the Co Show less Read more
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