Hong Kong Tech Firm Unveils Share Buyback Plan

Hong Kong Television Network (DE:XHN1) has released an update.

Hong Kong Technology Venture Company Limited has announced a conditional cash offer to buy back up to 100 million shares at HK$2.15 per share, with the offer now unconditional following approval at an Extraordinary General Meeting (EGM). Shareholders have until 4:00 p.m. on 23 July 2024 to accept the offer. The company advises shareholders to consult with professional advisers for guidance and to read the offer documents carefully before making a decision.

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