Pacific Smiles Group Ltd (AU:PSQ) has released an update.
Pacific Smiles Group Ltd is urging shareholders to vote in favor of a takeover scheme by NDC BidCo Pty Ltd, which seeks to acquire all shares of the company, highlighting that the board unanimously recommends the proposal. Shareholders have been informed about the voting process through a dispatched postcard and a previously released Scheme Booklet. Despite opposition from Genesis Capital Manager I Pty Ltd, the directors believe the scheme can succeed if the majority of remaining shareholders vote for it.
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