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Plato Capital Confirms Financial Resources for Proposed Delisting

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Plato Capital Confirms Financial Resources for Proposed Delisting

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Plato Capital Limited ( (SG:YYN) ) just unveiled an update.

Plato Capital Limited, a company incorporated in Singapore, has announced a proposed voluntary delisting through a selective capital reduction. The company has confirmed that it has sufficient financial resources to fund the cash distribution to eligible shareholders and the option price payable to option holders if the proposed capital reduction is executed. This move is part of the company’s strategic financial restructuring, potentially impacting its market presence and shareholder value.

More about Plato Capital Limited

Average Trading Volume: 1,090

Technical Sentiment Signal: Buy

Current Market Cap: S$35.32M

Find detailed analytics on YYN stock on TipRanks’ Stock Analysis page.

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