LJ International's shareholders approve agreement and plan of merger

theflyonthewall.com

LJ International announced that at an extraordinary general meeting the Company's shareholders voted in favor of the proposal to approve and authorize the previously announced agreement and plan of merger dated March 22, among Flora Bloom Holdings, an exempted company with limited liability incorporated under the laws of the Cayman Islands, Flora Fragrance Holdings, a business company with limited liability incorporated under the laws of the British Virgin Islands and wholly owned by Parentand the Company pursuant to which Merger Sub will be merged with and into the Company, with the Company surviving the merger as a wholly-owned subsidiary of Parent. Approximately 68.6% of the Company's total outstanding shares were voted in person or by proxy at the EGM.

View Comments