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Vesync Co., Ltd. Announces Privatization and Delisting Plan
VESYNC (02148.HK): Victory III Co., Ltd plans to privatize the company at a premium of approximately 33.33% and will resume trading on the 30th.
On December 27th, Gelonghui reported that VESYNC (02148.HK) announced that on December 23, 2024, the offeror Victory III Co., Ltd requested the Board of Directors to present a proposal to the shareholders under the agreement arrangement for privatization according to Section 86 of the Companies Law. Once completed, the company will become a wholly-owned subsidiary of the offeror, and its shares will have their listing status revoked on the Stock Exchange. The proposal will be implemented by way of an agreement arrangement. The agreement arrangement will specify that if the agreement arrangement takes effect, the shares under the arrangement will be canceled in exchange for: (a) cash option: each
Express News | Vesync Co - Proposal for the Privatisation of Vesync
Vesync Co., Ltd Suspends Trading Amid Major Announcement
VESYNC (02148) will be suspended from trading starting December 11 to await the release of insider information.
VESYNC (02148) announced that its shares will start trading in Hong Kong on December 11, 2024, at 9:00 AM.
VESYNC (02148.HK) was temporarily suspended this morning.
Gelonghui reported on December 11 that VESYNC (02148.HK) announced that the company's shares will be temporarily suspended from trading starting today (11/12/2024) at 9:00 AM.
Vesync Co., Ltd's (HKG:2148) P/S Still Appears To Be Reasonable
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