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.
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