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Tam Jai International Announces Scheme Document Dispatch for Privatization

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Tam Jai International Announces Scheme Document Dispatch for Privatization

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Tam Jai International Co., Ltd. ( (HK:2217) ) has provided an update.

Tam Jai International Co., Ltd. and Toridoll Holding Limited have announced the dispatch of a scheme document and option offer letter as part of a proposed privatization of Tam Jai International by Toridoll. This move involves a scheme of arrangement and the potential withdrawal of the company’s shares from listing. The scheme document provides detailed information about the proposal and includes recommendations from the independent board committee and financial adviser, highlighting the implications for shareholders and option holders.

More about Tam Jai International Co., Ltd.

Tam Jai International Co., Ltd. operates in the food and beverage industry, primarily focusing on providing unique dining experiences through its chain of noodle restaurants. The company is known for its customizable noodle dishes and has a significant market presence in Hong Kong.

Average Trading Volume: 2,057,341

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.95B

Find detailed analytics on 2217 stock on TipRanks’ Stock Analysis page.

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