General Announcement::NOTICE OF RESULTS OF THE SCHEME SANCTION HEARING AND THE SCHEME EFFECTIVE DATE

Issuer & Securities

Issuer/ Manager
MODERN LAND (CHINA) CO., LIMITED
Securities
MODLD US$203.797M12.85%N211025 - XS1986632716 - PITB
MODERNLANDUS$200M11.8%N220226 - XS2110675860 - YXYB
MODERNLANDUS$250M11.5%N221113 - XS2202152703 - X6MB
MODERNLANDUSD150M11.95%N240304 - XS2127478316 - RUKB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Jul-2022 17:30:12
Status
New
Announcement Sub Title
NOTICE OF RESULTS OF THE SCHEME SANCTION HEARING AND THE SCHEME EFFECTIVE DATE
Announcement Reference
SG220706OTHR1JUS
Submitted By (Co./ Ind. Name)
Modern Land (China) Co., Limited / Zhang Peng
Designation
Director
Description (Please provide a detailed description of the event in the box below)
References are made to the announcements of the Company dated 1 June 2022 and 30 June 2022 in relation to the Scheme Meeting (the "Announcements"). Unless the context requires otherwise, capitalized terms used herein shall have the same meanings as those defined in the Announcements and the Explanatory Statement.

The Company is pleased to announce that:

(i) by an order made at the hearing held on 5 July 2022 (Cayman Islands time) (the "Scheme Sanction Order"), the Grand Court of the Cayman Islands sanctioned the Scheme; and

(ii) all of the Scheme Conditions have been satisfied and the Scheme Effective Date occurred on 5 July 2022 (Cayman Islands time). The Scheme has therefore become effective in accordance with its terms.

Attachments