SCGL definition
SCGL. Star Castle Global Limited, a business company incorporated in the British Virgin Islands with limited liability which is wholly-owned by ▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇▇ “Scheme” the scheme of arrangement under Section 86 of the Companies Law involving cancellation of all Scheme Shares for the implementation of the Proposal “Scheme Document” the composite scheme document of the Offeror and the Company, containing, inter alia, further details of the Proposal, the Scheme and the Management Participation together with the additional information specified in the section headed “Other Information in relation to the Proposal – 10. Despatch of Scheme Document” of this announcement “Scheme Share(s)” Shares other than those held by the Participating Management Shareholders “Scheme Shareholder(s)” holders of Scheme Shares as at the Record Date, comprising the Disinterested Shareholders and the WMVL Shareholders
Examples of SCGL in a sentence
Pursuant to the Irrevocable Undertakings, if the Scheme is approved at the Court Meeting, each of the WMVL Shareholders, MCIL, SCGL and BRVL will vote in favor of the special resolution to be proposed at the General Meeting to approve and give effect to the Scheme, including the approval of the reduction of the issued share capital of the Company by cancelling and extinguishing the Scheme Shares and of the issue to the Offeror of the New Shares.