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Fosun Tourism Group Plans Privatisation and Share Capital Reduction

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Fosun Tourism Group Plans Privatisation and Share Capital Reduction

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

Fosun Tourism Group has announced an extraordinary general meeting scheduled for March 4, 2025, in Shanghai. The meeting aims to approve significant resolutions, including a scheme of arrangement for the company’s privatisation and a reduction of issued share capital. This move could potentially impact the company’s stock market positioning and shareholder structure.

More about Fosun Tourism Group

Fosun Tourism Group, incorporated in the Cayman Islands, is a company involved in the tourism industry, providing various tourism-related services. It is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: 1.12%

Average Trading Volume: 9,375

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.12B

See more data about 1992 stock on TipRanks’ Stock Analysis page.

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