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Mobvista Inc. Eyes Governance Optimization
Mobvista (01860.HK), the controlling shareholder of its parent company, plans to promote a restructuring plan.
Grail September 9th, Mobvista (01860.HK) announced that the company has been notified by its controlling shareholder Seamless Technology Limited that the parent company shareholders of Seam are planning to advance a restructuring plan, under which (including) some or all of the parent company shareholders will exit the parent company. In exchange, Seam will transfer to them the shares held by the relevant shareholders in the company in proportion to the equity they indirectly hold in the company. After the completion of the restructuring plan (if implemented), the relevant shareholders will no longer hold the company's shares indirectly through Seam, but will hold the company's shares directly.
Express News | Mobvista Inc - Proposed Reorganisation at Shareholder Level
Mobvista (01860) fell 61.80%, now trading at 1.190 yuan, hitting a 52-week low.
As of 11:45, mobvista (01860) fell 61.80% compared to the previous closing price, currently at 1.190 yuan, hitting a new 52-week low; the volume is 1.086 million shares, with a turnover of 1.3 million Hong Kong dollars.
We Think Mobvista (HKG:1860) Can Stay On Top Of Its Debt
Press Release: Mobvista Sees ML-Driven Growth to $638.3M in Revenue of H1 2024
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