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Vesync Co., Ltd. Updates on Share Transfer Amid Privatisation Efforts

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Vesync Co., Ltd. Updates on Share Transfer Amid Privatisation Efforts

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

Vesync Co., Ltd., incorporated in the Cayman Islands, has announced an update regarding the transfer of retained shares as part of a scheme of arrangement for its privatisation. The Trustee has completed the transfer of 81,900 retained shares to designated Share Award Holders, which now form part of the disinterested shares, ensuring none of the holders are Offeror Concert Parties. This move aligns with the Company’s restructuring efforts, potentially affecting the shareholding structure and stakeholder interests.

More about Vesync Co., Ltd.

YTD Price Performance: -0.57%

Average Trading Volume: 782,920

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$5.99B

For a thorough assessment of 2148 stock, go to TipRanks’ Stock Analysis page.

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