MILFAM Moves to Oust Scully Royalty Board at Annual Meeting
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MILFAM LLC, a major shareholder of Scully Royalty Ltd., intends to proceed with the Annual General Meeting on December 27, 2025, despite the Board's decision to postpone it. MILFAM, controlling over 58% of shares, plans to elect its nominees to the Board and vote against current members. The firm urges the Board to fulfill its fiduciary duties and not obstruct the meeting.
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