Scully Royalty Delays Shareholder Meeting for Cayman Court Hearing
Scully Royalty Ltd. affirmed that, further to its news release on December 24, the company's board of directors postponed the annual general meeting of shareholders to allow a hearing before the Cayman Islands Court of Appeal as soon as reasonably practicable regarding the validity of the prior notice of direction nominations of MILFAM LLC. "The Company is aware of MILFAM's press release stating that it intended to unilaterally proceed with the Meeting, and thereafter that its nominees would be the directors of the Company. The Company has informed MILFAM of the invalidity of its unilateral actions and that it reserves all rights against MILFAM and its proposed nominees and joint actors. The Company advises that the postponed Meeting has not yet occurred and that the current board of directors remains in place. The Company urges all shareholders to only rely on official communications from the Company, including regarding the postponement and official re-scheduling time and date of the Meeting," Scully stated.
Get Free Real-Time Notifications for Any Stock
Analyst Views on SRL
About SRL
About the author
Scully Royalty Ltd. Releases Half-Year Report for 2025
- Report Release: Scully Royalty Ltd. has published its half-year report detailing the company's performance for the six months ended June 30, 2025, reflecting its commitment to transparency and information disclosure.
- Information Access: The report is available on the company's website and EDGAR platform, facilitating easy access for investors and stakeholders, thereby enhancing communication between the company and its investors.
- Future Outlook: The company welcomes questions from stakeholders, demonstrating a proactive approach to investor engagement aimed at strengthening trust relationships.
- Business Updates: The half-year report includes updates on company operations and future plans, indicating the company's ability to remain agile in a changing market environment.
Scully Royalty Ltd. Releases Half-Year Report for H1 2025 with Financial Updates
- Report Release: Scully Royalty Ltd. has published its half-year report for the six months ended June 30, 2025, providing updates on the company's business to enhance stakeholder understanding of operations.
- Financial Transparency: The report includes unaudited financial statements and management's discussion and analysis, encouraging stakeholders to read the entire document for deeper insights, thereby improving communication between the company and investors.
- Communication Channels: The company has provided a North American toll-free line and email contact for stakeholders to inquire about the report's content, reflecting its commitment to transparency and open communication.
- Future Outlook: Through this report, Scully Royalty Ltd. aims to establish closer ties with stakeholders to better discuss future operations and strategic plans.
