Pacific Smiles Group Ltd (AU:PSQ) has released an update.
Pacific Smiles Group Ltd has received continued support for its proposed NDC Scheme, with significant shareholders representing over 33% of the company, including co-founder Dr. Alison Hughes, HBF Health Limited, and MA Financial Group Limited, intending to vote in favor of the $2.05 per share acquisition offer. The shareholder vote is crucial to the scheme’s success, despite opposition from Genesis Capital Manager I Pty Ltd. The company’s directors recommend voting for the scheme, barring any superior proposals or negative changes from the Independent Expert.
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