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OneConnect Financial Technology Co Ltd ( (HK:6638) ) has shared an update.
OneConnect Financial Technology Co., Ltd. has announced an additional non-binding letter of support from SVF Fax Subco (Singapore) Pte. Ltd. regarding its proposed privatization and delisting. This support, covering approximately 0.99% of the company’s issued share capital, reflects a non-binding intention to vote in favor of necessary resolutions, allowing SVF to maintain liquidity during the offer period. The announcement highlights the ongoing process and potential implications for shareholders, with further updates to be provided as the proposal progresses.
More about OneConnect Financial Technology Co Ltd
OneConnect Financial Technology Co., Ltd. operates in the financial technology industry, providing technology solutions to financial institutions. The company focuses on offering digital transformation services, including cloud-based solutions, to enhance the efficiency and effectiveness of financial services.
Average Trading Volume: 1,039,688
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.2B
For an in-depth examination of 6638 stock, go to TipRanks’ Overview page.