Samson Holding (DE:S9K) has released an update.
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Samson Holding Ltd. is set to go private through a scheme of arrangement approved by its shareholders, which also includes the withdrawal of its listing from the Hong Kong Stock Exchange. The company’s board has decided to change the board lot size from 1,000 to 800,000 shares, pending the effectiveness of the scheme. These developments come as part of a broader strategic move by the Offeror, Glory Mount (HK) Limited.
For further insights into DE:S9K stock, check out TipRanks’ Stock Analysis page.
