Vesync Co. Ltd. Set for Delisting as Grand Court Sanctions Privatisation Scheme; Effective Date Approaches

Reuters

05-02

Vesync Co. Ltd. Set for Delisting as Grand Court Sanctions Privatisation Scheme; Effective Date Approaches

Vesync Co. Ltd. is set to be delisted following a proposal for its privatization by Victory III Co., Ltd. through a scheme of arrangement. The scheme has been sanctioned by the Grand Court, and the expected effective date for this scheme, as well as the expected date for the withdrawal of the listing of Vesync Co. Ltd.'s shares, is approaching. This move is part of a special deal relating to an investor arrangement. Further details about the exact date of delisting have not been specified, but the company has laid out these next steps in the process.

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. Vesync Co. Ltd. published the original content used to generate this news brief on May 02, 2025, and is solely responsible for the information contained therein.

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Ltd. Set for Delisting as Grand Court Sanctions Privatisation Scheme; Effective Date Approaches","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Vesync Co. Ltd. Set for Delisting as Grand Court Sanctions Privatisation Scheme; Effective Date Approaches\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Vesync Co. Ltd. is set to be delisted following a proposal for its privatization by Victory III Co., Ltd. through a scheme of arrangement. The scheme has been sanctioned by the Grand Court, and the expected effective date for this scheme, as well as the expected date for the withdrawal of the listing of Vesync Co. Ltd.'s shares, is approaching. This move is part of a special deal relating to an investor arrangement. 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Ltd. Set for Delisting as Grand Court Sanctions Privatisation Scheme; Effective Date Approaches\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-02 06:41</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Vesync Co. Ltd. Set for Delisting as Grand Court Sanctions Privatisation Scheme; Effective Date Approaches\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Vesync Co. 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