Perfect Group International Holdings Ltd. Proposes Delisting Amidst Privatization Scheme; Trading Resumption Announced

Reuters
Jun 09
Perfect Group International Holdings Ltd. Proposes Delisting Amidst Privatization Scheme; Trading Resumption Announced

Perfect Group International Holdings Ltd. has announced a proposal for its privatization, leading to its planned delisting from the Stock Exchange of Hong Kong. This is being facilitated by Immaculate Diamonds Limited through a scheme of arrangement. The Scheme Document, which outlines further details of the privatization and includes recommendations from the Independent Board Committee and advice from the Independent Financial Adviser, will be dispatched to shareholders shortly as part of the ongoing process. During this time, shareholders are advised to review the expected timetable and other relevant information provided in the document.

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