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Pentamaster Extends Dispatch of Scheme Document for Privatisation Proposal
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Pentamaster Extends Dispatch of Scheme Document for Privatisation Proposal

Story Highlights
  • Pentamaster focuses on automation solutions for semiconductor and electronics industries.
  • The company extended the document dispatch deadline to February 5, 2025, affecting privatisation timelines.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Pentamaster International Limited ( (HK:1665) ) just unveiled an announcement.

Pentamaster International Limited announced an extension for the dispatch of its Scheme Document related to a proposal for privatisation, withdrawal of listing, and a special dividend. The extension is necessary to accommodate procedures required by the Grand Court and to finalize critical information, with the new deadline set for February 5, 2025. This delay may affect stakeholders’ timelines and expectations regarding the privatisation process.

More about Pentamaster International Limited

Pentamaster International Limited, incorporated in the Cayman Islands, operates within the technology sector. The company focuses on providing automation solutions and services, primarily serving industries such as semiconductor and electronics manufacturing.

YTD Price Performance: -1.05%

Average Trading Volume: 3,566,509

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$2.26B

For an in-depth examination of 1665 stock, go to TipRanks’ Stock Analysis page.

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