Deed of Company Arrangement Executed
Open PDF
| Stock | Toys'R'US ANZ Ltd (TOY.ASX) |
|---|---|
| Release Time | 6 Aug 2025, 5:28 p.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Toys'R'US ANZ Ltd Executes Deed of Company Arrangement
Key Points
- All company shares to be transferred to Directed Electronics Australia Pty Ltd
- Creditors' Trust Deed established
- Company officers to be replaced
- Company to be delisted from ASX
Full Summary
Toys'R'US ANZ Limited (ASX: TOY) has executed a Deed of Company Arrangement (DOCA) following a second creditors meeting where creditors considered a proposal from Directed Electronics Australia Pty Ltd to acquire all of the company's shares. The key terms of the DOCA include the transfer of all the company's issued shares to Directed Electronics Australia Pty Ltd, subject to court approval and ASIC relief, the establishment of a Creditors' Trust Deed, the replacement of the company's officers, and the delisting of the company from the ASX. The company will provide further updates to the market as they become available.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In