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Vesync Co., Ltd. Announces Privatization Proposal and Listing Withdrawal
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Vesync Co., Ltd. Announces Privatization Proposal and Listing Withdrawal

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Invest with Confidence:

Vesync Co., Ltd. ( (HK:2148) ) has provided an update.

Vesync Co., Ltd. announced a proposal for its privatization through a scheme of arrangement under the Companies Act, led by Victory III Co., Ltd. The dispatch of the scheme document has been delayed to accommodate legal requirements, with a new deadline set for April 2025. The proposal’s implementation is contingent upon several conditions, including court approval and shareholder agreement.

More about Vesync Co., Ltd.

Vesync Co., Ltd. is a company incorporated in the Cayman Islands with a focus on the technology sector.

YTD Price Performance: -0.76%

Average Trading Volume: 823,567

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$5.98B

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

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