Steinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal

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AMSTERDAM, THE NETHERLANDS – EQS Newswire – 23 March 2021 – Further to the notice released on 16 February 2021 pursuant to which (i) a Proposal, (ii) a first addendum to and amendment of the Proposal (“First Addendum“) and (iii) the Proposal as amended by the First Addendum (“First Amended Proposal“) were made available, notice is hereby given to inter alia certain creditors (“Scheme Creditors“) of Steinhoff International Holdings Proprietary Limited (the “Company“), of a second addendum to and amendment of the First Amended Proposal (the “Second Addendum“) and of the availability of (i) the Second Addendum and (ii) the First Amended Proposal as amended by the Second Addendum, together with the annexures thereto (the “Amended Proposal“).

1 ACCESSING THE SECOND ADDENDUM AND THE AMENDED PROPOSAL

The Second Addendum and the Amended Proposal and its annexures are available at www.SteinhoffSettlement.com, www.steinhoffinternational.com and by completing a request form from the Registrar of the High Court of South Africa, Western Cape Division, Cape Town.

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TRANSLATIONS OF THIS NOTICE

(e-mail: [email protected])ستتم إتاحة نسخة مترجمة من هذا الإشعار بـ “]اللغة العربية[“عند الطلب.
Преведена версия на тази декларация при поискване ще бъде достъпна на български език (e-mail: [email protected]).
Prevedena verzija ove Obavijesti bit će dostupna na zahtjev na hrvatski (e-mail: [email protected]).
Přeložená verze tohoto Oznámení bude na vyžádání k dispozici v Čeština (e-mail: [email protected]).
En oversat version af denne meddelelse vil blive gjort tilgængelig efter anmodning på dansk (e-mail: [email protected]).
Een vertaalde versie van deze mededeling zal op verzoek beschikbaar worden gesteld in het Nederlands (e-mail: [email protected]).
Selle teadaande eesti keelde tõlgitud versioon tehakse kättesaadavaks vastava taotluse esitamisel (e-mail: [email protected]).
Une version traduite en français de cette notice sera fournie sur demande (e-mail: [email protected]).
Eine übersetzte Version dieses Hinweises wird auf Anfrage auf Deutsch zur Verfügung gestellt (e-mail: [email protected]).
Η μετάφραση της παρούσας Γνωστοποίησης στα Ελληνικά θα είναι διαθέσιμη κατόπιν αιτήματος (e-mail: [email protected]).
גרסה מתורגמת של הודעה זו תהיה זמינה לפי בקשה בעברית. (e-mail: [email protected])
Ennek az értesítésnek a lefordított változata kérésre elérhetővé válik Magyar nyelven (e-mail: [email protected]).
Þýdd útgáfa af þessari tilkynningu verður fáanleg samkvæmt beiðni á Íslensku (e-mail: [email protected]).
Una versione tradotta del presente Avviso verrà resa disponibile su richiesta in Italiano (e-mail: [email protected]).
Pēc pieprasījuma tiks nodrošināta šī Paziņojuma tulkota versija latviešu valodā (e-mail: [email protected]).
Išverstas šio pranešimo variantas pareikalavus bus pateiktas lietuvių kalba (e-mail: [email protected]).
本通知的翻译版本将根据所需提供[简体中文]版本。(e-mail: [email protected])
En oversatt versjon av denne merknaden vil bli gjort tilgjengelig på forespørsel på Norsk (e-mail: [email protected]).
Tłumaczenie tej informacji na język polski zostanie udostępnione na prośbę (e-mail: [email protected]).
Mediante pedido, será disponibilizada uma versão traduzida do presente Aviso em Português (e-mail: [email protected]).
O versiune tradusă a acestei notificări va fi pusă la dispoziție la cerere în limba română (e-mail: [email protected]).
Preložená verzia tohto vyhlásenia bude na požiadanie k dispozícii v slovenčine (e-mail: [email protected]).
Prevedena različica tega obvestila je v slovenščini na voljo na zahtevo (e-mail: [email protected]).
Toleo lililotafsiriwa la Notisi hii litatolewa endapo litaombwa katika kiswahili (e-mail: [email protected]).
Vid behov kommer en översatt version av detta meddelande att göras tillgänglig på svensk (e-mail: [email protected]).
Se pondrá a disposición de los interesados una versión de este Aviso traducida al español (e-mail: [email protected]).
Bu Bildirimin Türkçe çevirisi talep üzerine sağlanacaktır (e-mail: [email protected]).

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Steinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal

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Steinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal - Brand SpurSteinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal - Brand Spur

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Steinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal - Brand SpurSteinhoff International Holdings N.V.: Notice of the Availability of the Second Addendum to the Proposal and the Amended Proposal - Brand Spur

Latest News

Cityneon Raises S$235 Million; Well Positioned for Next Growth Chapter

  • The global experience entertainment company gets a S$235 million shot in the arm, closes its private fund raising in April 2021
  • Investors both new and existing include Singapore's Pavilion Capital, Seatown Holdings International and EDBI, Qatar's Doha Venture Capital and financial institutions and family offices in Singapore and China
  • These now join other existing Cityneon shareholders CITIC Capital, veteran entrepreneur and investor Mr. Johnson Ko, and Executive Chairman & Group CEO Mr. Ron Tan
  • Funding comes just after the Group acquired multi-year licensing rights for James Cameron's AVATAR touring exhibition, and two original artefacts IP on the ancient civilization Machu Picchu from Peru and Ramses the Great (Ramses II) from Egypt
  • Investments position the Group well to bring experiences across the globe, targeting to launch six experiences in China and five in the U.S. by the end of 2021, with more in other parts of the world

SINGAPORE - Media OutReach - 21 April 2021 - Cityneon Holdings ("Cityneon", the "Company"/collectively with its subsidiaries, the "Group") raised S$235 million in the most recent round of private funding. The latest round of funding adds seasoned investors to Cityneon's already strong stable of shareholders.

Read Also:  This Is The First Step Towards A Full ASF-Free Status - European Commission Ratifies: Belgium May Reduce the ASF-Infected Zone

This funding round was led by Singapore's Pavilion Capital, Seatown Holdings International, EDBI, and Cityneon's Executive Chairman & Group CEO, Mr. Ron Tan. EDBI and Pavilion Capital are existing shareholders of Cityneon whilst new investors include Seatown Holdings International, Qatar's Doha Venture Capital, which will now own approximately 4 per cent of the Group, and other financial institutions and family offices in Singapore and China.

These now join other existing Cityneon shareholders CITIC Capital, veteran entrepreneur and investor Mr. Johnson Ko, and Executive Chairman & Group CEO Mr. Ron Tan to form a new and strong shareholder base for the Group. Mr. Johnson Ko and Mr. Ron Tan remain as the largest shareholders of the company via their combined entity, West Knighton Limited.

The Group is now well positioned for its next growth chapter and will use the proceeds for capital expenditure that includes building more of its various intellectual property (IP) exhibition sets, totaling 24 travelling and four semi-permanent sets under the Studio IP partnerships and three travelling sets under the original artefact IP partnerships by the end of 2022.

Already, the Group just signed its fifth IP rights with Avatar from 20th Century Studios last year. Amidst the anticipation from Avatar fans worldwide, Cityneon will debut a multi-sensory Avatar exhibition in Chengdu, China in May 2021, ahead of the Avatar movie sequel which is slated for release in 2022. Avatar is the world's top grossing film of all time at over US$2.8 billion, and adding millions more after its successful re-release in China in March 2021. Avatar's director James Cameron has announced that he will be producing four sequels with 20th Century Studios, with the first sequel slated for release next year. Disney acquired 20th Century Studios for US$71 billion in 2019.

The Company also recently entered the original artefacts IPs space and will stage international exhibitions of the treasures of the ancient civilization Machu Picchu from Peru in Boca Raton, Florida and Pharaoh Ramses II from Egypt in Houston, Texas. These two experiences will start welcoming visitors in October and November 2021, respectively.

Other IP rights that the Group holds include partnerships with Universal Studios for Jurassic World: The Exhibition, Marvel for Avengers S.T.A.T.I.O.N., Lionsgate for The Hunger Games: The Exhibition and Hasbro for Transformers Autobot Alliance. All in, Cityneon holds the IP rights for five of the top 10 worldwide box office hits and two artefacts IP from Peru and Egypt. The Group expects to have six sets of its various IP rights travelling across China, and five travelling and permanent sets in the United States, with a few more in other parts of the globe.

The Group will also be reopening experiences that were temporarily closed in 2020, aiming to provide visitors with a safe entertainment option. These include the Marvel Avengers S.T.A.T.I.O.N. in Toronto, Canada that will be re-opening in May 2021; and the Marvel Avengers S.T.A.T.I.O.N. exhibition in Lotte Mall in Seoul, Korea in April 2021; the same exhibition space which previously housed Jurassic World: The Exhibition, another IP experience exhibition by the Group in 2019. In the past month, the Group also witnessed record visitor numbers at their semi-permanent installations in Las Vegas, USA, signaling a strong comeback and demand for their immersive experiences, as they step into the 6th year of operations there.

While there are exciting plans lined up, the Group is not resting on its laurels. More Hollywood IPs and artefact IPs can be expected, and there will be further announcements on new IP verticals in entertainment experiences that the Group is looking to enter.

Mr. Ron Tan, Executive Chairman & Group CEO of Cityneon, said: "It is exciting that the Company is going through such strategic expansion as one of the largest providers of exhibition entertainment experiences globally. The S$235 million funding round sets a solid foundation for us to invest in developing more of our entertainment experiences, to stage even more exhibitions of the five box office hits and two artefact IPs that we hold the rights to all over the world. I'm thankful that our strong investors base, now from Singapore, Hong Kong, China and the Middle East, have trust in our vision, and believe alongside us that this space of big ideas and big experiences will only grow."

By the end of this year, Cityneon will arguably be the largest provider of exhibition entertainment experiences internationally; with global footprints in more than 50 cities and welcoming 10 million unique visitors across the world by 2022.

Cityneon Holdings

With its global reach and international partnerships, Cityneon has the capability to serve its clients anywhere in the world. Cityneon was listed on the Mainboard of the Singapore Stock Exchange since 2005, and was privatized on February 2019 by West Knighton Limited, a company wholly owned by Cityneon's Executive Chairman and Group CEO, Ron Tan, together with Hong Kong veteran entrepreneur and investor, Johnson Ko Chun Shun. Johnson is a capital markets veteran and has held controlling interests and directorships in many listed companies. In May 2019, Cityneon welcomed CITIC Capital as a new shareholder, who holds approximately 10% shares in Cityneon. CITIC Capital is part of CITIC Group, one of China's largest conglomerates, and has over US$25b of assets under its management across 100 funds and investment products globally. Other institutional shareholders of the Group include EDBI - a Singapore government-linked global investor, and Pavilion Capital - a Singapore-based investment institution which focuses on private equity investments, that made strategic investments in August and October 2019 respectively, to support the Group's further expansion globally. For more information, please visit www.cityneongroup.com.


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