SLB Development shareholders greenlight parent company takeover

About 96.12% of shareholders voted for the resolution.

The shareholders of SLB Development have voted in favour of the takeover of the company by parent company Lian Beng, according to a bourse filing.

About 96.12% of shareholders voted for the resolution, marking 99.91% of shares represented by votes.

Subject to the grant of the Court Order and the satisfaction of all conditions following the terms of the Implementation Agreement, the scheme will become effective and binding upon the lodgement of the order.

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