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Joy City Property Limited ( (HK:0207) ) has provided an update.
Joy City Property Limited has announced a proposed share buy-back through a scheme of arrangement under Section 99 of the Companies Act, with a cancellation price set at HK$0.62 per share. The proposal includes the withdrawal of the company’s listing from the Hong Kong Stock Exchange, and upon effectiveness, the shares will be predominantly owned by Grandjoy Holdings Group and Achieve Bloom.
More about Joy City Property Limited
Joy City Property Limited is a company incorporated in Bermuda with limited liability, primarily involved in property development and management. The company is listed on the Hong Kong Stock Exchange under stock code 207.
Average Trading Volume: 19,136,867
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.27B
For detailed information about 0207 stock, go to TipRanks’ Stock Analysis page.