Vesync Co., Ltd Announces Privatization and Delisting
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Vesync Co., Ltd. has announced its privatization through a scheme sanctioned by the Grand Court, effective May 6, 2025. This will lead to the delisting of its shares from the Hong Kong Stock Exchange on May 7, 2025. The decision reflects a strategic shift in the company's market approach, linked to an investor arrangement. The current market cap is HK$6.35B with an average trading volume of 1,570,063 shares.
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