TAM JAI INTERNATIONAL CO. LTD. TO DELIST AS HIGH COURT HEARING SET FOR SCHEME APPROVAL
Reuters
Jun 05
TAM JAI INTERNATIONAL CO. LTD. TO DELIST AS HIGH COURT HEARING SET FOR SCHEME APPROVAL
Tam Jai International Co. Ltd., a company incorporated in Hong Kong, is undergoing a privatization process through a scheme of arrangement. As part of this process, the company is set to be delisted from the Main Board of the Stock Exchange. The delisting is a result of a proposal by the offeror to take the company private. A significant upcoming event in this process is the Court Hearing, where the High Court will sanction the Scheme and confirm the reduction of the company's share capital. Additionally, trading in the company's shares is expected to resume on 18 February 2025, which marks the first full trading day after the publication of the announcement related to this process.
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. Tam Jai International Co. Ltd. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.