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Fosun Tourism Delays Scheme Document for Share Buy-Back

Fosun Tourism Delays Scheme Document for Share Buy-Back

Fosun Tourism Group (HK:1992) has released an update.

Fosun Tourism Group announced a delay in the release of its Scheme Document related to a proposed share buy-back and delisting plan due to the need for additional time to finalize the document and obtain court directions. The company has extended the deadline for the document’s despatch to February 14, 2025, with approval from the Executive. This move is crucial for shareholders and investors as it outlines details of the buy-back proposal and its implications.

For further insights into HK:1992 stock, check out TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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