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Soundwill Holdings Privatization Proposal Lapses

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Soundwill Holdings Privatization Proposal Lapses

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

Soundwill Holdings Limited announced that the proposed privatization by Earning Ease Limited through a scheme of arrangement was not approved by the Scheme Shareholders at the Court Meeting. Consequently, the proposal has lapsed, the special dividend will not be distributed, and the company’s shares will remain listed on the Stock Exchange.

More about Soundwill Holdings

Soundwill Holdings Limited is a company incorporated in Bermuda with limited liability, primarily operating in the real estate industry. The company is listed on the Stock Exchange of Hong Kong and focuses on property development and investment.

Average Trading Volume: 546,890

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.08B

For an in-depth examination of 0878 stock, go to TipRanks’ Stock Analysis page.

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