Lifestyle China Group ( (HK:2136) ) has provided an announcement.
Lifestyle China Group Limited is undergoing a proposed privatization by Fortune Spirit Group Limited through a scheme of arrangement under the Cayman Companies Act, which includes the potential withdrawal of its shares from the stock exchange. The process is contingent upon meeting specific conditions, including court approval, and the company has scheduled a directions hearing for 21 January 2025. The Scheme Document is expected to be available to shareholders by 28 January 2025, although there are warnings that the proposal’s implementation is uncertain, advising stakeholders to exercise caution.
More about Lifestyle China Group
YTD Price Performance: -0.97%
Average Trading Volume: 2,450,861
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.49B
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