Genes Tech going private as Cayman court sanctions Watlow deal

Reuters
Yesterday
<a href="https://laohu8.com/S/08257">Genes Tech</a> going private as Cayman court sanctions Watlow deal

Genes Tech Group Holdings Co. Ltd. said a court has sanctioned Watlow Electric Manufacturing Company’s proposal to take the company private via a scheme of arrangement. The scheme is expected to become effective on Feb. 27, 2026, and Genes Tech said the company’s GEM listing is expected to be withdrawn at 4:00 p.m. on March 3, 2026, subject to the scheme becoming effective.

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. Genes Tech Group Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260222-12027162), on February 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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