Core Viewpoint - The privatization plan of Wuzhou International has been approved by a significant majority in both the court meeting and the special shareholders' meeting, allowing the company to proceed with the delisting process [1] Group 1: Voting Results - In the court meeting, 99.90% of the votes from disinterested shareholders were in favor of the privatization plan, with only 0.10% against it [1] - The percentage of opposing votes represented just 0.07% of the total votes from all disinterested shareholders, exceeding the required threshold for approval [1] - At the special shareholders' meeting, the approval rate reached 99.97%, indicating strong support for the related special resolutions [1] Group 2: Shareholder Participation - June Glory International Limited, the offeror for the privatization, currently holds approximately 61.88% of Wuzhou International's issued shares and did not participate in the voting at either the court meeting or the special shareholders' meeting [1] Group 3: Timeline for Delisting - The final trading deadline for Wuzhou International shares is expected to be at 4:10 PM on February 10, with the plan anticipated to take effect on February 27 [1] - The company's listing status is projected to be revoked at 4:00 PM on March 3 [1]
五矿地产私有化计划获法院及股东高票通过 3月3日退市