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Thing On Enterprise Limited Announces Privatization Scheme

Story Highlights
  • Thing On Enterprise Limited is set to privatize through a scheme of arrangement.
  • The scheme’s effectiveness marks the company’s transition from public to private status.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thing On Enterprise Limited Announces Privatization Scheme

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Thing On Enterprise Limited ( (HK:2292) ) just unveiled an update.

Thing On Enterprise Limited, incorporated in the Cayman Islands, has announced its privatization through a scheme of arrangement under the Companies Act of the Cayman Islands. The scheme, sanctioned by the Grand Court, involves a reduction in the company’s issued share capital, and all conditions for the proposal have been fulfilled, making the scheme effective as of September 16, 2025. This move will result in the withdrawal of the company’s shares from listing, impacting stakeholders by transitioning the company from a public to a private entity.

More about Thing On Enterprise Limited

Average Trading Volume: 68,631

Technical Sentiment Signal: Buy

Current Market Cap: HK$554.4M

For a thorough assessment of 2292 stock, go to TipRanks’ Stock Analysis page.

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