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Vesync Co., Ltd Announces Privatization and Delisting Plan

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Vesync Co., Ltd Announces Privatization and Delisting Plan

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Vesync Co., Ltd. ( (HK:2148) ) just unveiled an announcement.

Vesync Co., Ltd, a company incorporated in the Cayman Islands, has announced a proposal for its privatization through a scheme of arrangement, which has been sanctioned by the Grand Court. The scheme, which involves the withdrawal of Vesync’s listing, is subject to the fulfillment of certain conditions, including obtaining necessary authorizations and approvals from relevant authorities. This move is expected to impact Vesync’s market presence and operations as it transitions from a public to a private entity.

More about Vesync Co., Ltd.

YTD Price Performance: 5.29%

Average Trading Volume: 1,643,415

Technical Sentiment Signal: Sell

Current Market Cap: HK$6.35B

See more data about 2148 stock on TipRanks’ Stock Analysis page.

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