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An update from Tam Jai International Co., Ltd. ( (HK:2217) ) is now available.
Tam Jai International Co., Ltd. announced a proposal for its privatization through a scheme of arrangement under Section 673 of the Companies Ordinance, which includes the cancellation of shares and subsequent withdrawal of its listing on the Stock Exchange. This move, spearheaded by Toridoll Holding Limited, will result in the offeror holding 100% of the company’s issued share capital, potentially impacting current shareholders and stakeholders by altering the company’s public market dynamics.
More about Tam Jai International Co., Ltd.
Tam Jai International Co., Ltd. operates in the food and beverage industry, primarily focusing on offering a variety of noodle-based dishes to its customers. The company is known for its distinctive culinary offerings and market presence in Hong Kong.
YTD Price Performance: 15.38%
Average Trading Volume: 1,032,959
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.21B
For detailed information about 2217 stock, go to TipRanks’ Stock Analysis page.