Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Lippo Limited ( (HK:0226) ) has shared an announcement.
Lippo Limited has announced a proposed privatization by LL Capital Holdings Limited through a scheme of arrangement, alongside a conditional special distribution of shares in Lippo China Resources Limited and a proposed withdrawal of its listing. The company clarified that the previously reported net asset value did not account for a recent share distribution, which significantly impacts the valuation for shareholders. Shareholders are advised to review the forthcoming Scheme Document carefully before making any decisions.
More about Lippo Limited
Lippo Limited is a company incorporated in Hong Kong, operating with limited liability. It is involved in various business activities, although specific industry details are not provided in the announcement.
Average Trading Volume: 610,957
Technical Sentiment Signal: Sell
Current Market Cap: HK$300.8M
See more data about 0226 stock on TipRanks’ Stock Analysis page.