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OneConnect Appoints Independent Adviser for Privatization Proposal

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OneConnect Appoints Independent Adviser for Privatization Proposal

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OneConnect Financial Technology Co Ltd ( (HK:6638) ) has issued an announcement.

OneConnect Financial Technology Co., Ltd. has appointed Gram Capital Limited as the independent financial adviser to assist with the proposed privatization of the company through a scheme of arrangement. This appointment is part of the company’s strategic move to evaluate the fairness and reasonableness of the proposal, ensuring that disinterested shareholders are well-informed before voting. The announcement highlights the non-binding nature of the proposal and advises stakeholders to exercise caution, reflecting the company’s commitment to transparency and careful consideration of its strategic options.

More about OneConnect Financial Technology Co Ltd

OneConnect Financial Technology Co., Ltd. is a company incorporated in the Cayman Islands, operating in the financial technology industry. It provides technology-as-a-service platforms for financial institutions, focusing on digital transformation and enhancing operational efficiency.

Average Trading Volume: 1,509,011

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.98B

For an in-depth examination of 6638 stock, go to TipRanks’ Stock Analysis page.

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