Category: Highlands Pacific Limited
Highlands Pacific Limited
Implementation of Scheme of Arrangement
Highlands Pacific Limited (ASX/POMSoX: HIG, Highlands) confirms that the scheme of arrangement in relation to the acquisition by Cobalt 27 Capital Corp. (Cobalt 27) of all the shares in Highlands that it does not already own (Scheme) has been implemented today. Accordingly, Cobalt 27 now holds all the shares on issue in Highlands.
A link to the full announcement is below:
Scheme of Arrangement is Legally Effective
Highlands Pacific Limited (ASX/POMSoX: HIG, Highlands) confirms that a certified copy of the orders made by the National Court of Papua New Guinea (Court) on 2 May 2019 approving the scheme of arrangement under which Cobalt 27 Capital Corp. will acquire all the issued share capital of Highlands that it does not already own (Scheme) was lodged with the Papua New Guinea Registrar of Companies (Registrar) today.
A link to the full announcement is below:
National Court Approves Scheme of Arrangement
Highlands Pacific Limited (ASX/POMSoX: HIG, Highlands) is pleased to announce that the National Court of Papua New Guinea has made orders today approving the scheme of arrangement between Highlands and Highlands shareholders not associated with Cobalt 27 Capital Corp. (Cobalt 27) (Scheme) pursuant to section 250(1) of the Companies Act 1997 (PNG) (Court Orders). The Scheme, if implemented, will result in Cobalt 27 acquiring all the issued share capital of Highlands that it does not already own.
A link to the full announcement is below:
Scheme Meeting Results 30 April 2019
Highlands Pacific Limited (ASX/POMSoX: HIG, Highlands) is pleased to announce that at the shareholders meeting held earlier today, Highlands shareholders approved the scheme of arrangement under which Cobalt 27 Capital Corp. will acquire all the issued share capital of Highlands that it does not already own (Scheme).
A link to the full announcement is below:
Chairman’s Address – Scheme Meeting
A Special Meeting of Shareholders will be held at The Hilton Port Moresby at 10.00 am today, Tuesday 30 April. The purpose of this meeting is to consider, and if thought fit, to approve a scheme of arrangement under which Cobalt 27 would acquire all of the shares in Highlands (other than the shares it already owns) at a price of A$0.105 per Highlands Share.
A link to the full Chairman’s Address is below:
HIG – March 2019 Quarterly Report
Scheme Booklet for Proposed Acquisition by Cobalt 27
Highlands Pacific Limited (ASX/POMSoX: HIG, “Highlands”) is pleased to confirm that on 12 March 2019 the National Court of Papua New Guinea (“Court”) made orders that a meeting of the holders of Scheme Shares (being all shares in Highlands other than those held by or on behalf of Cobalt 27 Capital Corp. or its subsidiaries) (“Scheme Meeting”) be convened to consider and, if thought fit, to approve the proposed acquisition of
Highlands by Cobalt 27 Capital Corp. by way of a scheme of arrangement (“Scheme”).
A link to the full announcement is below.
Scheme Booklet for Proposed Acquisition – 12 March 2019