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Soundwill Holdings Announces Privatization and Listing Withdrawal Plans

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Soundwill Holdings Announces Privatization and Listing Withdrawal Plans

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Soundwill Holdings ( (HK:0878) ) just unveiled an announcement.

Soundwill Holdings Limited has announced a proposed privatization by Earning Ease Limited through a scheme of arrangement under the Companies Act of Bermuda. The company also plans to withdraw its listing and declare a special dividend. The dispatch of the scheme document has been delayed to finalize necessary information, with an extension granted until April 30, 2025. This move could significantly impact the company’s market presence and shareholder value, as the proposal’s implementation is contingent on fulfilling certain conditions.

More about Soundwill Holdings

Soundwill Holdings Limited is a company incorporated in Bermuda, primarily involved in real estate and property development. The company operates in the Hong Kong market and is listed on the Hong Kong Stock Exchange under the stock code 878.

YTD Price Performance: 1.71%

Technical Sentiment Signal: Buy

Current Market Cap: $280.9M

For a thorough assessment of 0878 stock, go to TipRanks’ Stock Analysis page.

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