Lifestyle China Group Engages Adviser for Privatization Plan

Lifestyle China Group (HK:2136) has released an update.

Lifestyle China Group has appointed Somerley Capital Limited as its Independent Financial Adviser to guide the company through its proposed privatization scheme. This move is part of a larger strategy to streamline operations under a scheme of arrangement, as outlined in recent announcements. Investors should remain cautious as the plan’s success is contingent on meeting specific conditions.

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