Alpha DX Group's (SGX:VVL) judicial managers convened a creditors' meeting on Nov. 1, following which resolutions were passed to abridge a scheme of arrangement meeting between the group and its creditors dated Feb. 2 to 48 hours.
Meanwhile, a resolution to amend the timeline for cash distribution from 30 business days of the commencement date to March 9, 2025, was also passed, according to a filing with the Singapore Exchange on Wednesday.
However, resolutions to reduce the cash distribution and to delete the scheme of arrangement were not passed.
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