该建议将以协议安排方式实施。协议安排将订明，如协议安排生效，协议安排股份将予以注销，以换取：(a)现金选择：每持有一股协议安排股份收取现金5.60港元；或(b)股份选择：每持有一股协议安排股份收取一股顶层公司股份。VESYNC (02148) reopened trading with an increase of over 24%. As of the time of writing, it has risen 24.29% to HKD 5.22, with a transaction amount of HKD 0.9866 million.
According to the Zhitong Finance APP, VESYNC (02148) resumed trading with an increase of over 24%. As of the time of writing, it has risen by 24.29%, priced at 5.22 Hong Kong dollars, with a trading volume of 0.9866 million Hong Kong dollars.
On the news front, VESYNC and the offeror VICTORY III CO., LTD jointly announced that on December 23, 2024, the offeror requested the Board of Directors to present a proposal to the shareholders of the agreement arrangement for the privatization of the company in accordance with Article 86 of the Companies Ordinance. Once the proposal is completed, the company will become a wholly-owned subsidiary of the offeror, and its shares will be delisted from the Stock Exchange.
The proposal will be implemented as an agreement arrangement. The agreement arrangement will specify that, if the agreement arrangement comes into effect, the shares under the agreement will be cancelled in exchange for: (a) Cash option: receiving 5.60 Hong Kong dollars in cash for each share of the agreement; or (b) Share option: receiving one share of the top-level company for each share of the agreement.
The cash consideration of 5.60 Hong Kong dollars per share under the cash option represents a premium of approximately 33.33% compared to the closing price of 4.20 Hong Kong dollars per share reported by the Stock Exchange on December 10, 2024 (the last trading day).
