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OneConnect Financial Technology Announces Privatization Proposal

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OneConnect Financial Technology Announces Privatization Proposal

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OneConnect Financial Technology Co Ltd ( (HK:6638) ) has provided an update.

OneConnect Financial Technology Co., Ltd. has announced a proposal for its privatization through a scheme of arrangement, which includes the withdrawal of its listing. The scheme document detailing the proposal, expected timetable, and recommendations from the Independent Board Committee and Financial Adviser has been dispatched to shareholders, who are advised to review the recommendations carefully before voting.

More about OneConnect Financial Technology Co Ltd

OneConnect Financial Technology Co., Ltd. is a company incorporated in the Cayman Islands, primarily operating in the financial technology sector. It is listed on the New York Stock Exchange under the ticker OCFT and focuses on providing technology solutions for financial institutions.

Average Trading Volume: 362,900

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.21B

For an in-depth examination of 6638 stock, go to TipRanks’ Overview page.

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