OneConnect Financial Technology Co. Ltd. Moves Forward with Delisting Process Amid Additional Non-Binding Letter of Support

Reuters

24 Jun

OneConnect Financial Technology Co. Ltd. Moves Forward with Delisting Process Amid Additional Non-Binding Letter of Support

OneConnect Financial Technology Co. Ltd. is undergoing a process for its potential privatization and delisting from the stock exchange. As part of this process, a pre-conditional proposal for the privatization of the company by way of a scheme of arrangement has been announced. The proposal is subject to certain conditions being fulfilled or waived, and it is not yet confirmed if the scheme will become effective. An additional non-binding letter of support has been issued in relation to this proposal. The latest announcement regarding these developments was made on June 24, 2025. Shareholders, ADS holders, and potential investors are advised to exercise caution during this period.

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. OneConnect Financial Technology Co. Ltd. published the original content used to generate this news brief on June 24, 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.

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Moves Forward with Delisting Process Amid Additional Non-Binding Letter of Support","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      OneConnect Financial Technology Co. Ltd. Moves Forward with Delisting Process Amid Additional Non-Binding Letter of Support\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        OneConnect Financial Technology Co. Ltd. is undergoing a process for its potential privatization and delisting from the stock exchange. As part of this process, a pre-conditional proposal for the privatization of the company by way of a scheme of arrangement has been announced. The proposal is subject to certain conditions being fulfilled or waived, and it is not yet confirmed if the scheme will become effective. 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OneConne","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","BK1109":"应用软件","06638":"金融壹账通","OCFT":"金融壹账通","BK4531":"中概回港概念"},"translate_title":"金融壹账通金融科技有限公司在额外的非约束性支持函中推进退市程序","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06638":0.9,"OCFT":0.9},"content_text":"OneConnect Financial Technology Co. Ltd. Moves Forward with Delisting Process Amid Additional Non-Binding Letter of Support\n    \n\n        OneConnect Financial Technology Co. Ltd. is undergoing a process for its potential privatization and delisting from the stock exchange. As part of this process, a pre-conditional proposal for the privatization of the company by way of a scheme of arrangement has been announced. The proposal is subject to certain conditions being fulfilled or waived, and it is not yet confirmed if the scheme will become effective. 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