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Beijing Properties Appoints Adviser for Privatization Scheme

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Beijing Properties Appoints Adviser for Privatization Scheme

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Beijing Properties (Holdings) Limited ( (HK:0925) ) just unveiled an announcement.

Beijing Properties (Holdings) Limited has announced the appointment of Rainbow Capital (HK) Limited as the Independent Financial Adviser to assist the Independent Board Committee regarding a proposed privatization scheme. This move is part of a strategic arrangement with Brilliant Bright Holdings Limited, aiming to privatize the company through a scheme of arrangement. The proposal’s implementation is contingent upon certain conditions, and stakeholders are advised to exercise caution as the scheme’s effectiveness is not guaranteed.

More about Beijing Properties (Holdings) Limited

Beijing Properties (Holdings) Limited is a company incorporated in Bermuda with limited liability, primarily involved in the real estate and property development industry. It operates with a focus on property investments and developments, providing services related to the acquisition, management, and sale of real estate assets.

Average Trading Volume: 10,345,142

Technical Sentiment Signal: Buy

Current Market Cap: HK$892.1M

See more insights into 0925 stock on TipRanks’ Stock Analysis page.

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