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Vesync Co., Ltd Announces Delay in Privatization Scheme Document Dispatch

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Vesync Co., Ltd Announces Delay in Privatization Scheme Document Dispatch

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The latest update is out from Vesync Co., Ltd. ( (HK:2148) ).

Vesync Co., Ltd, incorporated in the Cayman Islands, is undergoing a proposed privatization by Victory III Co., Ltd through a scheme of arrangement under section 86 of the Companies Act. The company has announced a delay in dispatching the Scheme Document, now expected around March 31, 2025. The proposal’s implementation is contingent on certain conditions being met, and stakeholders are advised to exercise caution.

More about Vesync Co., Ltd.

YTD Price Performance: -2.08%

Average Trading Volume: 1,377,405

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$5.9B

For an in-depth examination of 2148 stock, go to TipRanks’ Stock Analysis page.

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