BRIEF-OneConnect Financial Technology Receives Proposal For Possible Privatization

Reuters
03 Mar
BRIEF-OneConnect Financial Technology Receives Proposal For Possible Privatization

March 3 (Reuters) - OneConnect Financial Technology Co Ltd 6638.HK:

  • RECEIVED A PRELIMINARY NON-BINDING PROPOSAL FROM BO YU IN RELATION TO A POSSIBLE PRIVATIZATION OF CO

  • BO YU PROPOSES TO ACQUIRE EACH SHARE FOR HK$2.068 IN CASH

  • APPLICATION MADE BY COMPANY FOR RESUMPTION OF TRADING IN SHARES ON STOCK EXCHANGE FROM MARCH 4

Further company coverage: 6638.HK

((Reuters.Briefs@thomsonreuters.com;))

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