VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
Recently, Peak Sports announced that its resolution of privatization application had been approved. Peak Sports will revoke its shares from SEHK on 1st December, changing its status on the market. It means that Peak Sports has begun its privatization and it is speculated that it will soon begin to return back to A stock.
On 23rd May, Peak Sports issued two announcements. One was a suspension notice of listed companies. The other was about changing the Chief Financial Officers, Company Secretaries, authorized representatives and agents for receiving legal procedure documents and advice notes in Hong Kong. Following these moves, the news of Peak Sports implementing privatization and returning to A stock spread rapidly within the industry.
After 5 months, Peak Sports has made great progress in its privatization process. It has announced that its resolution of privatization had been approved in the court session on 19th October.
Proofread by Sean O Diobhilin
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
PEAK extends an eight-year deal with German Basketball Federation
15 Dec 2017
Peak renews sponsorship agreement with WTA
06 Nov 2014
PEAK Sport officially signs Dwight Howard
02 Sep 2015
PEAK strikes strategic agreement with Brazil Olympic Committee
06 Sep 2017
Peak breaks into the heart of European Basketball
07 Sep 2015
More from Yutang Sports
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023
SportAccord scores Summit touchdown with NFL
18 Jan 2024
Meet the world-class speakers on SportAccord’s Plenary sessions
23 Feb 2024
WFDF is ready to fly in Chengdu for the World Games 2025
17 Apr 2024
Birmingham is embracing a bright future supported by extraordinary sporting legacy
17 Apr 2024
Yutang Sports
loading...