OneConnect Financial Technology Co. Ltd. is set to be delisted following a pre-conditional proposal for its privatization. This process will be carried out through a scheme of arrangement facilitated by Bo Yu Limited. The company announced that the proposal was put forward on May 15, 2025, and will proceed subject to the satisfaction of certain conditions. An independent board committee has been established to oversee the process. The next key step in the ongoing delisting process is the finalization of the scheme of arrangement.
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 May 15, 2025, and is solely responsible for the information contained therein.