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Thing On Enterprise Limited Announces Privatization and Delisting

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Thing On Enterprise Limited Announces Privatization and Delisting

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Thing On Enterprise Limited ( (HK:2292) ) has provided an announcement.

Thing On Enterprise Limited has announced the approval of a proposal for its privatization through a scheme of arrangement under the Companies Act of the Cayman Islands. This decision, confirmed at a Court Meeting and an Extraordinary General Meeting (EGM), will result in the withdrawal of the company’s shares from the Hong Kong Stock Exchange, effective from September 18, 2025, pending the scheme’s effectiveness. This move signifies a significant shift in the company’s market presence and could have implications for its stakeholders.

More about Thing On Enterprise Limited

Average Trading Volume: 24,454

Technical Sentiment Signal: Buy

Current Market Cap: HK$547.2M

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