FilingReader Intelligence

Pentamaster privatization plan still supported by financial adviser

February 26, 2025 at 12:16 PM UTCBy FilingReader AI

Pentamaster International Limited [HKEX: 1665] has announced that there is no change in the advice of the independent financial advisor regarding the proposed privatization, withdrawal of listing, and special dividend, despite the release of the company's annual results. The advisor continues to support the terms of the proposal and scheme, considering them fair and reasonable for Disinterested Shareholders, and has advised the Independent Board Committee to recommend shareholders vote in favor of the resolutions at the upcoming meetings. Shareholders are cautioned to exercise care when dealing in the company's securities, as the proposal's implementation and dividend payment are subject to conditions being met or waived. Pentamaster's board emphasizes the importance of consulting financial advisors before making any decisions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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