UPDATE ON SCHEME

Miclyn Express Offshore Pte. Ltd., Miclyn Express Offshore Limited, and MEO Finance Company Limited (collectively, the “Scheme Companies”) refer to their announcement on 8 June 2020 (“8 June 2020 Announcement”). Unless otherwise defined herein or the context otherwise requires, capitalised expressions used shall have the meanings set out in the Scheme.

1)  NOTICE OF SCHEME EFFECTIVE DATE

As stated in the announcement made by the Scheme Companies on 8 June 2020, the High Court of the Republic of Singapore (“Court”) has sanctioned and approved the Scheme on 8 June 2020.

The Scheme Companies have lodged the orders of Court sanctioning the Scheme with the Accounting and Corporate Regulatory Authority of Singapore on 22 June 2020, and accordingly, the Scheme Companies notified Scheme Creditors that the Scheme Effective Date had occurred on 22 June 2020. A copy of the announcement was also sent by electronic means through the Clearing Systems in accordance with Clause 2.3 of the Scheme.

2)  ANNOUNCEMENTS

Moving forward, as the Bonds will be delisted from SGX, Bondholders should refer to this website or the Scheme Companies‘ website at www.meogroup.com for any further announcements or updates in relation to the Scheme.

• PAYMENT OF 3RD INSTALMENT OF EARLY BIRD BONUS – 11 November 2022

• PAYMENT OF 2ND INSTALMENT OF EARLY BIRD BONUS – 18 November 2021

• CANCELLATION OF BONDS – 1 April 2021

• ISSUANCE OF BONDHOLDER SHARES – 22 January 2021

  • BONDHOLDER SHARES CALCULATOR

• ADJUDICATION OF PROOFS OF DEBT RESULTS – 5 January 2021

• PAYMENT OF 1ST INSTALMENT OF EARLY BIRD BONUS – 22 December 2020

3) INSTRUCTIONS FOR BONDHOLDERS

4) TIMELINE

5) FREQUENTLY ASKED QUESTIONS 

6) FORMS

1. PROOF OF DEBT FORM

2. KYC DOCUMENTATION FORM

7) DOCUMENTS

Please note that the Scheme is legally binding on all Scheme Creditors, and a copy of the Scheme is available on request by any Scheme Creditor to MEOPL, and may also be downloaded here or obtained by email to contactus@meogroup.com.

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SUBMISSIONS and DELIVERY

Questions and requests for further information and assistance in relation to the submission or delivery of Proofs of Debt may be directed to the Information Agent through the following channels:

Information Agent: Lynchpin Bondholder Management Limited

Telephone: +852 2526 5406

Email: miclyninfo@lynchpinbm.com

Attention: Melanie Edwards

SCHEME QUESTIONS

Questions and requests for further information and assistance in relation to the Scheme to be proposed by the Scheme Companies may be directed to the Scheme Companies through the following channels:

Scheme Companies

Telephone: +65 6327 8868

email: contactus@meogroup.com 

Attention: MEO (Quoting the Proof of Debt submission number if one has been lodged)