Aug 2017 Financial News

Scotia Investments Jamaica Limited (SIJL) - Notice Scheme of Arrangement

Aug 16, 2017

Scotia Investments Jamaica Limited ("the Company") wishes to advise its stockholders that the Supreme Court of Jamaica has ordered that a meeting of stockholders of the Company be held to consider and vote upon the proposed Scheme of Arrangement.

Following the Court Order the Directors of the Company have resolved that the meeting shall be held at:

• Jamaica Pegasus Hotel, 81 Knutsford Boulevard, Kingston 5, Saint Andrew, Jamaica

• with a video-linked meeting for shareholders in Trinidad &Tobago being held simultaneously at Hyatt Regency Trinidad, 1 Wrightson Road, Port of Spain

Date: August 30, 2017

Time: 2:00 p.m. Jamaica Time / 3:00 p.m. Trinidad &Tobago Time

The purpose of the meeting is to consider and if thought fit, pass the following resolution in accordance with section 206 of the Companies Act, 204:

"That pursuant to, and in accordance with, section 206 of the Companies Act, 2004, the proposed scheme of arrangement between Scotia Investments Jamaica Limited and its stockholders, the terms of which are contained, and more particularly described, in the Scheme of Arrangement contained in the Scheme Booklet, be and is hereby approved."

Notice of the Meeting, together with copies of the Scheme Booklet containing inter alia, the Scheme of Arrangement, the Explanatory Statement and Proxy forms have been dispatched to stockholders in the customary manner.

These documents can also be accessed on the website at https://scotiainvestmentsjm.com


Source:
Trindad Express
Wednesday August 16th, 2017