Australia, May 22 -- New South Wales Land and Environment Court issued text of the following judgement on April 22:
1. By Originating Process filed on 21 March 2025, the Plaintiff, Online Media Holdings Ltd ("OMHL") seeks orders under s 411 of the Corporations Act 2001 (Cth) ("Act") to convene a meeting of its members to consider a scheme of arrangement between OMHL and its shareholders and associated orders.
2. By way of background, OMHL provides contact centre as a service and voice solutions to retail, financial services and other market sectors. On 21 February 2025, OMHL advised its shareholders it had entered into a Scheme Implementation Deed ("SID") with Zendesk Pty Ltd ("Bidder"), a wholly owned subsidiary of Zendesk Inc ("Zendesk"...