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Beijing Capital Grand Limited Announces Privatisation and Delisting Plans

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Beijing Capital Grand Limited Announces Privatisation and Delisting Plans

Beijing Capital Grand Limited ( (HK:1329) ) has shared an announcement.

Beijing Capital Grand Limited, incorporated in the Cayman Islands, is involved in a conditional proposal for its privatisation by BECL Investment Holding Limited through a scheme of arrangement. The proposal also includes a voluntary withdrawal of the company’s listing, which was sanctioned by the Grand Court. This move signifies a major transition for the company, as it awaits the fulfilment of certain conditions for the scheme to become effective, impacting shareholders and possibly altering its market focus.

More about Beijing Capital Grand Limited

YTD Price Performance: 1.20%

Average Trading Volume: 4,548,238

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.96B

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