Read the full judgment text of HCMP 601/2021 on BabelCite. This High Court CFI judgment was delivered on 19 July 2021.
1. On 11 May 2021 I made an order permitting the Company to convene a meeting of shareholders to consider a privatisation through a scheme of arrangement (“ Court Meeting ”). The necessary majority has not been obtained and the scheme will not proceed. However, the proposed scheme did give rise to one issue which it will be of assistance to practitioner that I address, namely, the undecided issue of whether the offeror concert parties should be excluded from voting at the Court Meeting as a resu
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