Perfect Group International Holdings Limited (3326) and Immaculate Diamonds Limited jointly announced that the Grand Court in the Cayman Islands sanctioned the scheme of arrangement for the privatization of Perfect Group International Holdings Limited on 24 October 2025 (Cayman Islands time). According to the announcement, all conditions other than the remaining regulatory and procedural requirements are either fulfilled or waived, and the scheme is expected to take effect on 28 October 2025 (Cayman Islands time), subject to completion of the final formalities.
Under the timetable stated in the announcement, the listing of Perfect Group International Holdings Limited shares on the Hong Kong Stock Exchange is scheduled to be withdrawn at 4:00 p.m. on 31 October 2025, upon the scheme becoming effective. It is further stated that payments to eligible shareholders under the privatization are anticipated to be dispatched by cheque on or before 7 November 2025. The announcement advises shareholders to exercise caution when dealing in the company’s securities and indicates that further updates will be provided once the scheme becomes effective.