Vesync Co., Ltd Announces Privatization and Delisting
Vesync Co., Ltd. has announced its privatization through a scheme sanctioned by the Grand Court, effective May 6, 2025. This will lead to the delisting of its shares from the Hong Kong Stock Exchange on May 7, 2025. The decision reflects a strategic shift in the company's market approach, linked to an investor arrangement. The current market cap is HK$6.35B with an average trading volume of 1,570,063 shares.
An update from Vesync Co., Ltd. ( (HK:2148) ) is now available.
Vesync Co., Ltd, a company incorporated in the Cayman Islands, has announced its privatization through a scheme of arrangement sanctioned by the Grand Court. The scheme, effective from May 6, 2025, will result in the withdrawal of Vesync’s shares from the Hong Kong Stock Exchange on May 7, 2025. This move is part of a special deal related to an investor arrangement, indicating a strategic shift in the company’s market approach.
More about Vesync Co., Ltd.
Average Trading Volume: 1,570,063
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.35B
Learn more about 2148 stock on TipRanks’ Stock Analysis page.
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