General Announcement::Notice of Scheme Effective Date

Issuer & Securities

Issuer/ Manager
PEARL HOLDING III LIMITED
Securities
PEARLHLDG US$175M9.5%N221211A - US70477NAA46 - 8CYB
PEARLHLDG US$175M9.5%N221211R - USG44527AA02 - 8CZB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Oct-2021 07:43:21
Status
New
Announcement Sub Title
Notice of Scheme Effective Date
Announcement Reference
SG211012OTHR28ZU
Submitted By (Co./ Ind. Name)
Pearl Engineered Solution Pte. Ltd./Ang Boon Heng
Designation
CFO
Description (Please provide a detailed description of the event in the box below)
Pearl Holding III Limited ( Pearl or the Company ) refers to the previous announcements published on 27 May 2021, 13 June 2021, 18 June 2021, 27 August 2021, 8 September 2021 and 30 September 2021.

Scheme Sanction Hearing

The Company is pleased to announce that, following the Scheme Sanction Hearing which took place on 8 October 2021 (Cayman time), the Grand Court of the Cayman Islands (the Cayman Court ) made an Order (the Cayman Court Order ), sanctioning the scheme of arrangement (the Scheme ) between the Company and the Scheme Creditors (as defined therein) pursuant to section 86 of the Cayman Islands Companies Act (2021 Revision).

A copy of the Cayman Court Order (with the Scheme scheduled thereto) is attached to this notice and is also available on the Scheme Website at https://bonds.morrowsodali.com/pearl. The Cayman Court Order was filed with the Registrar of Companies in the Cayman Island on Friday, 8 October 2021 (Cayman time) / Saturday, 9 October 2021 (Hong Kong /Singapore time).

Please refer to the attachment for details.

For further information in respect of the Scheme, please contact:

Financial Advisor to the Company
Houlihan Lokey (Singapore) Private Limited Email: HL_ProjectPeak@HL.com
Legal Advisor to the Company
Latham & Watkins LLP
Email: ProjectPearliii.LWteam@LW.com

Information Agent
Morrow Sodali Limited
Email: pearl@investor.morrowsodali.com Website: https://bonds.morrowsodali.com/pearl

Attachments

Pearl III Notice of Scheme Effective Date 12 Oct 2021.pdf
Total size =1244K