Qube Holdings (ASX:QUB) said the Supreme Court of New South Wales will hear its application on July 7 to approve the scheme of arrangement under which Rubik Australia would acquire 100% of the company's shares, according to a Tuesday filing with the Australian bourse.
Shareholders may attend and oppose the scheme by filing and serving a notice of appearance, together with any supporting affidavit, at least one day before the hearing, per the filing.
The company said that, if the scheme is approved by the court, it is expected to take effect on July 8, with its shares suspended from trading on the Australian Securities Exchange at the close of trading that day, the filing added.