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Beijing Properties (Holdings) Limited ( (HK:0925) ) has issued an update.
Beijing Properties (Holdings) Limited and Brilliant Bright Holdings Limited have announced an extension for the dispatch of the Scheme Document related to the proposed privatization of Beijing Properties by Brilliant Bright through a scheme of arrangement. The extension, granted by the Executive, allows for the document to be dispatched by July 31, 2025. Additionally, there is a delay in the completion of the Sale and Purchase Agreement (SPA) due to logistical requirements, with the completion now expected by July 18, 2025. These delays may impact the timeline for the privatization process and the company’s future operations.
More about Beijing Properties (Holdings) Limited
Beijing Properties (Holdings) Limited is incorporated in Bermuda and operates within the real estate industry. The company focuses on property development and investment, with a market presence in various regions.
Average Trading Volume: 16,715,118
Technical Sentiment Signal: Buy
Current Market Cap: HK$906M
Find detailed analytics on 0925 stock on TipRanks’ Stock Analysis page.