Burger Fuel Group has announced that its shareholders have approved the scheme of arrangement relating to the return of capital.
The approval came during the company's special shareholders meeting held on December 14.
No further details about the scheme or the amount of capital to be returned to shareholders were provided in the announcement.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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