OneConnect Financial Technology Co. Ltd. Advances with Privatization; Delisting from HKEX and NYSE Imminent Following Scheme of Arrangement Approval
OneConnect Financial Technology Co. Ltd., listed under stock code 6638 on the Hong Kong Stock Exchange and NYSE ticker OCFT, is set to undergo privatization through a scheme of arrangement. This move will lead to its delisting from the stock exchange. The joint announcement made on July 9, 2025, highlights the satisfaction of a pre-condition related to this proposal. The company is moving forward with the privatization process, with Bo Yu Limited playing a significant role in the proceedings. Further updates on the delisting process and its completion are anticipated, as the company progresses through the necessary steps.
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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-066592), on July 09, 2025, and is solely responsible for the information contained therein.
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