Dickson Concepts (International) ( (HK:0113) ) has provided an announcement.
Dickson Concepts (International) Limited is undergoing a proposed privatization by Bestcity Assets Limited through a scheme of arrangement under section 99 of the Companies Act. This proposal includes the cancellation of shares with a cash payment of HK$7.20 per share and the withdrawal of the company’s listing from the Stock Exchange. An independent board committee has been established, and trading in the shares has resumed. The proposal’s effectiveness is contingent upon meeting certain conditions, including shareholder approval. The offeror has stated that the cancellation price will not be increased.
More about Dickson Concepts (International)
YTD Price Performance: -2.54%
Average Trading Volume: 9,834
Technical Sentiment Signal: Strong Sell
Current Market Cap: $237.9M
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