Scully Royalty Faces Shareholder Showdown as Dissident Slate Challenged
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Scully Royalty Ltd. faces shareholder activism as MILFAM LLC challenges board nominations ahead of the December 27, 2025, annual general meeting. MILFAM's nominations were deemed invalid by the company for not complying with advance notice provisions. MILFAM has taken the issue to the Cayman Island Grand Court. Scully Royalty advises shareholders to vote using the management's white proxy, as votes with MILFAM's gold proxy will not be effective.
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