OneConnect Financial Technology Co. Ltd. Announces Privatization Proposal and Delisting Plans Amid Restructuring Efforts

Reuters09-23
OneConnect Financial Technology Co. Ltd. Announces Privatization Proposal and Delisting Plans Amid Restructuring Efforts

OneConnect Financial Technology Co. Ltd. is moving forward with its privatization process through a scheme of arrangement under Section 86 of the Companies Act. The company has filed Schedule 13E-3 (Amendment No. 3) in connection with this proposal and is planning a subsequent withdrawal of its listing. As part of this process, caution is advised for shareholders and ADS holders when dealing with the company's securities. The board of directors of Bo Yu Limited, involved in the process, emphasizes responsibility for the information's accuracy. The company's leadership encourages consultation with professional advisers for those uncertain about their next steps.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OneConnect Financial Technology Co. Ltd. published the original content used to generate this news brief on September 23, 2025, and is solely responsible for the information contained therein.
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