CP Capital Limited — Updates, 06-05-2025: Scheme of Arrangement

CP Capital Limited has announced a board meeting. Following an approved Composite Scheme of Arrangement, the company’s Education Undertaking has been demerged into Career Point Edutech Limited, which will issue one equity share for every share held in CP Capital to its shareholders. Investors need to allocate 98.85% of their original acquisition cost to CP Capital shares and 1.15% to Career Point Edutech shares after the demerger to correctly reflect holdings and tax basis. This restructuring affects how shareholders account for their investments post-demerger.