Bellamy's Australia Limited announced that the scheme of arrangement between Bellamy's and its shareholders in relation to the proposed acquisition of Bellamy's by a wholly-owned subsidiary of China Mengniu Dairy Company Limited (Mengniu) that was approved by eligible Bellamy's shareholders on 5 December 2019 and by the Supreme Court of New South Wales on 9 December 2019 (the Scheme) was implemented on 23 December 2019. With effect from the implementation of the Scheme, John Ho, John Murphy, Rodd Peters, Wai-Chan Chan and Shirley Liew have resigned as directors of Bellamy's. Peter Ping Zhang, Andrew Cohen and Graham Mulligan have been appointed as the new directors of Bellamy's.