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Tam Jai International Announces Court-Sanctioned Scheme and Delisting Plan

Story Highlights
  • Tam Jai International’s scheme of arrangement and capital reduction were sanctioned by the High Court.
  • The company plans to delist from the Hong Kong Stock Exchange as part of its privatization strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tam Jai International Announces Court-Sanctioned Scheme and Delisting Plan

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The latest update is out from Tam Jai International Co., Ltd. ( (HK:2217) ).

Tam Jai International Co., Ltd., in collaboration with Toridoll Holding Limited, has announced the sanctioning of a scheme of arrangement and confirmation of a capital reduction by the High Court. This development is part of a proposed privatization plan for Tam Jai International, which includes the withdrawal of its shares from the Hong Kong Stock Exchange. The scheme is expected to become effective on August 15, 2025, with the delisting of shares scheduled for August 19, 2025. This move signifies a strategic shift for the company, potentially impacting its market presence and shareholder structure.

More about Tam Jai International Co., Ltd.

Average Trading Volume: 3,126,234

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.11B

For an in-depth examination of 2217 stock, go to TipRanks’ Overview page.

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