Doyen International Holdings Ltd. (HK:0668) has released an update.
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Doyen International Holdings Ltd. has announced an extraordinary general meeting to discuss a proposed scheme of arrangement that includes a reduction and subsequent restoration of the company’s capital. The plan involves cancelling certain shares and issuing new ones to Galaxy Bond Holdings, leading to the company’s delisting from the Hong Kong Stock Exchange if approved. This move is part of a wider strategy towards the company’s privatization.
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