Civmec Limited (ASX:CVL) has announced the immediate lifting of the suspension of trading in its securities. This follows the successful scheme of arrangement between Civmec Limited, its shareholders, and Civmec Australia Limited, which is to be renamed Civmec Limited, under section 210 of the Companies Act 1967 of Singapore.
We are pleased to announce the reinstatement of trading in our securities following the completion of the scheme of arrangement. This marks an important step in our corporate restructuring and will provide our shareholders with increased opportunities for liquidity and market participation. We appreciate the support and patience of our shareholders throughout this process.
Civmec Limited's reinstatement to quotation signifies the successful completion of the scheme of arrangement, reflecting the company's commitment to corporate restructuring. The immediate resumption of trading will enhance liquidity and market participation for shareholders. Looking ahead, Civmec Limited aims to continue its strategic initiatives and pursue opportunities for sustainable growth in line with its corporate strategy.