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Lippo Limited ( (HK:0226) ) has provided an announcement.
Lippo Limited announced a proposed privatization by LL Capital Holdings Limited through a scheme of arrangement, which has been sanctioned by the High Court. This move includes a conditional special distribution of shares in Lippo China Resources Limited and will result in the withdrawal of Lippo Limited’s listing from the Hong Kong Stock Exchange. The effective date for the scheme is set for September 23, 2025, with the distribution of cheques and share certificates to be completed by October 3, 2025. This privatization and delisting are significant for stakeholders as it marks a strategic shift in the company’s operations and market positioning.
More about Lippo Limited
Lippo Limited is a company incorporated in Hong Kong with limited liability, primarily involved in investment and development activities. It is listed on the Hong Kong Stock Exchange and has a market focus on various sectors including real estate and financial services.
Average Trading Volume: 799,296
Technical Sentiment Signal: Buy
Current Market Cap: HK$62.14M
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