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Tam Jai International Co., Ltd. ( (HK:2217) ) has issued an announcement.
Tam Jai International Co., Ltd. has announced an extraordinary general meeting to discuss a proposed scheme of arrangement under the Companies Ordinance of Hong Kong. The scheme involves reducing the company’s issued share capital by canceling existing shares and issuing new shares to an offeror, with the potential withdrawal of the company’s listing on the Hong Kong Stock Exchange. This move is expected to impact the company’s operations and market positioning, as it involves significant changes to its capital structure and stock exchange status.
More about Tam Jai International Co., Ltd.
Average Trading Volume: 2,057,341
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.95B
See more insights into 2217 stock on TipRanks’ Stock Analysis page.