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Lippo Limited Announces Delay in Scheme Document Dispatch

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Lippo Limited Announces Delay in Scheme Document Dispatch

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Lippo Limited ( (HK:0226) ) has provided an update.

Lippo Limited and LL Capital Holdings Limited have announced a delay in the dispatch of the Scheme Document related to the proposed privatization of Lippo Limited. The delay is due to additional time needed for a court hearing and finalization of the document’s contents. The Scheme Document will provide detailed information about the proposal, which includes a scheme of arrangement and a special distribution of shares in Lippo China Resources Limited. The proposal’s implementation is contingent upon fulfilling certain conditions, and stakeholders are advised to exercise caution.

More about Lippo Limited

Lippo Limited is a company incorporated in Hong Kong, operating with limited liability. It is involved in various business activities, including investment holding and property development, with a focus on the Hong Kong market.

Average Trading Volume: 712,993

Technical Sentiment Signal: Sell

Current Market Cap: HK$310.7M

See more data about 0226 stock on TipRanks’ Stock Analysis page.

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