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The latest update is out from Vesync Co., Ltd. ( (HK:2148) ).
Vesync Co., Ltd and Victory III Co., Ltd have announced a proposal for the privatization of Vesync through a scheme of arrangement under the Companies Act, alongside a proposed withdrawal of its listing. The announcement includes a non-binding letter of support from Meridian Future Limited, which increases the total support from disinterested shareholders to approximately 21.76%. The proposal’s implementation is contingent upon certain conditions being met, and stakeholders are advised to exercise caution.
More about Vesync Co., Ltd.
YTD Price Performance: 3.02%
Average Trading Volume: 939,911
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.23B
Learn more about 2148 stock on TipRanks’ Stock Analysis page.