Court Hearing to Approve 5E Resources Acquisition by GreenEdge Set
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5E Resources said a court hearing is scheduled for Feb. 7 to seek approval for its acquisition by GreenEdge via a scheme of arrangement, according to a Tuesday filing on the Singapore Exchange. Shareholders approved the scheme on Jan. 22. The company expects the last trading day for its shares on Feb. 11, with the scheme to become effective by Feb. 21, and payment to shareholders by March 4. The shares are set to be delisted around March 6.
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