Wisas <9696> has made a significant rebound. It has been reported that the company received a proposal for privatization from a major shareholder, a fund based in Singapore. A privatization through acquisition or MBO by the fund seems to be suggested. Currently, the fund appears to hold 16.81% Shareholding. Due to the underperformance of the tutoring business, the fund is seeking structural reforms, including the sale of parts of the business, and has also submitted proposals at the regular shareholders' meeting in June to review the method of determining Dividends and to abolish anti-takeover measures.
- Headlines
- Wizus---Significant rebound, reported that a proposal for non-disclosure was made by the fund.
ウィザス---大幅反発、ファンドから非公開を提案と伝わる
Wizus---Significant rebound, reported that a proposal for non-disclosure was made by the fund.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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