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Tam Jai International Co., Ltd. Announces Privatization Proposal and Delisting Plan

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Tam Jai International Co., Ltd. Announces Privatization Proposal and Delisting Plan

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Tam Jai International Co., Ltd. ( (HK:2217) ) has shared an announcement.

Tam Jai International Co., Ltd., a company incorporated in Hong Kong, is undergoing a proposed privatization by Toridoll Holding Limited through a scheme of arrangement under the Companies Ordinance. This move includes the proposed withdrawal of the company’s shares from listing. The process is currently in preparation stages, with a Directions Hearing scheduled for May 22, 2025, and the Scheme Document dispatch extended to June 6, 2025. The proposal’s implementation is contingent upon certain conditions, including court approval, which have yet to be fulfilled or waived.

More about Tam Jai International Co., Ltd.

YTD Price Performance: 85.90%

Average Trading Volume: 3,867,643

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.95B

See more data about 2217 stock on TipRanks’ Stock Analysis page.

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