OneConnect Financial Technology Co. Ltd. is set to be privatized through a scheme of arrangement, leading to its delisting from the stock exchange. The company has proposed the withdrawal of its listing, with the process being facilitated by the Offeror, Bo Yu Limited. Trading in OneConnect's shares was suspended on March 3, 2025, due to potential fluctuations in trading prices, in preparation for the joint announcement regarding the privatization proposal. This development marks a significant step in the ongoing delisting process. Further details on specific future steps or events related to the delisting have yet to be disclosed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OneConnect Financial Technology Co. Ltd. published the original content used to generate this news brief on September 23, 2025, and is solely responsible for the information contained therein.