THING ON ENT: Privatization plan approved by the court, listing status expected to be revoked on September 18

Zhitong
2025.09.10 00:02

On the morning of September 10, Jin'an Industrial announced on the Hong Kong Stock Exchange that the plan for the privatization of Jin'an Industrial Company Limited by the offeror Jin'an Limited through a scheme arrangement has been approved by the High Court, with a court hearing scheduled for September 9, 2025. The High Court also confirmed the related capital reduction of the company on the same day. It is expected that the plan will take effect on September 16, 2025, once all remaining conditions are met or waived. The company will make further announcements after the plan takes effect. The company has applied to the Stock Exchange for and has received approval to withdraw its listing status on the Stock Exchange, which will take immediate effect from 4:00 PM on September 18, 2025, but this will only be finalized after the plan takes effect

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer