Scully Royalty Appeals Cayman Court Ruling, Postpones AGM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2025
0mins
Scully Royalty announced that it has filed an appeal of the December 19 decision of the Grand Court of the Cayman Islands with respect to the notice of nomination of Milfam and its compliance with the timing requirements under the memorandum and articles of association of the company. The company further announced that its annual general meeting, originally scheduled for December 27, has been temporarily postponed for a short duration of time to allow a hearing before the Cayman Islands Court of Appeal to be heard as soon as practicable. The company is inviting Milfam to work collaboratively and in good faith with the company in this endeavor.
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About SRL
Scully Royalty Ltd is a company principally generates revenue from its royalty interest in iron ore mine. The Company operates its business through three segments. The Royalty segment holds a net revenues royalty interest in iron ore shipped from the mine. The Merchant Banking segment provides specialty banking services, focused on merchant banking, to our customers, suppliers and group members. All Other segment includes other assets unrelated to its primary segments and otherwise not individually material.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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