Channel Micron Meets Key Milestone in Privatization Move
Company Announcements

Channel Micron Meets Key Milestone in Privatization Move

Channel Micron Holdings Company Limited (HK:2115) has released an update.

Channel Micron Holdings Company Limited, through its subsidiary MayAir HK Holdings Limited, has successfully met all pre-conditions for the proposed privatization of CM Hi-Tech Cleanroom Limited via a scheme of arrangement. This development marks a significant milestone in the process, with the companies now preparing necessary documentation and awaiting further approvals. Investors are cautioned as the proposal and scheme are still subject to conditions, indicating potential market volatility ahead.

For further insights into HK:2115 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App