Eumundi Group Limited (ASX:EBG) Scheme of Arrangement Approved
Scheme Approval
Eumundi Group Limited (ASX:EBG) has lodged court-approved orders with ASIC, making the scheme of arrangement effective. SEQ Hospitality Group Pty Ltd will acquire 100% of Eumundi Shares, and trading of Eumundi Shares on the ASX is expected to be suspended from the close of trading on 5 February 2025.
Payment of Scheme Consideration
On 14 February 2025, Eumundi Shareholders will receive $1.62 per share held as of the record date on 7 February 2025.
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