Sammaan Capital Limited — Important, 11-06-2025: Updates
11-06-2025 | 06:11 pm
11-06-2025 | 06:11 pm
Sammaan Capital Limited has announced a board meeting to approve a Scheme of Arrangement for amalgamating six transferor companies into itself. The scheme, supported unanimously by secured creditors representing 56.89% of outstanding secured debt, aims to simplify the group structure and improve operational efficiency. The Board has authority to implement and adjust the scheme as needed without further creditor approval, reinforcing streamlined governance and consolidated operations.
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