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Lifestyle China Group Announces Privatization Proposal and Listing Withdrawal

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Lifestyle China Group Announces Privatization Proposal and Listing Withdrawal

The latest update is out from Lifestyle China Group ( (HK:2136) ).

Lifestyle China Group Limited, in collaboration with Fortune Spirit Group Limited, has announced a proposal for its privatization through a scheme of arrangement, which includes a proposed withdrawal of its shares from public listing. The scheme document, detailing this proposal, has been dispatched to shareholders, with meetings scheduled to discuss and vote on the matter. The Independent Board Committee has been established to assess the fairness and reasonableness of the proposal, providing recommendations to shareholders on whether to support it.

More about Lifestyle China Group

YTD Price Performance: -17.48%

Average Trading Volume: 3,304,843

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.24B

For an in-depth examination of 2136 stock, go to TipRanks’ Stock Analysis page.

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

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