June 7, 2020 / 8:47 PM / a month ago

BRIEF-Metlifecare Says Called Virtual Special Meeting Of Shareholders

June 8 (Reuters) - Metlifecare Ltd:

* CALLED VIRTUAL SPECIAL MEETING OF SHAREHOLDERS

* MEETING TO VOTE ON RESOLUTION ENDORSING BOARD TO TAKE LEGAL ACTION TO COMPEL ASIA PACIFIC VILLAGE GROUP TO FULFIL ITS OBLIGATIONS

* WILL SEEK SHAREHOLDERS’ ENDORSEMENT TO CONTINUE LITIGATION ON THEIR BEHALF CHALLENGING VALIDITY OF APVG’S NOTICE TO TERMINATE SCHEME

* REMAINS ON TRACK FOR UNDERLYING PROFIT OF AROUND NZ$88 MILLION FOR FY20

* DOES NOT ANTICIPATE MATERIAL REDUCTION IN CONSOL NET TANGIBLE ASSETS FROM POSITIONS AS AT 31 DEC 2019 & 28 APRIL 2020 Source text for Eikon: Further company coverage:

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