Anacle Systems Ltd. Announces Take Private Move and Delisting Amid Restructuring Process

Reuters
Jun 09
Anacle Systems Ltd. Announces Take Private Move and Delisting Amid Restructuring Process

Anacle Systems Ltd. is undergoing a restructuring process, proposing to be taken private by Management Reports International Pte Ltd through a scheme of arrangement under Section 210 of the Companies Act. This development is part of a joint announcement detailing the effective date of the scheme, the closing and results of the option offer, and the subsequent withdrawal of Anacle Systems Ltd.'s listing from the Stock Exchange. The announcement also includes information about the despatch of cheques under the scheme and payment under the option offer. The Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited have clarified their non-responsibility for the contents of this announcement.

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