China Automation Group Limited (SEHK:569) announced proposal for privatisation of China Automation Group Limited. Scheme for privatisation was sanctioned without modification by grand court on Tuesday, 22 October 2019. Reduction of issued share capital of company resulting from cancellation of scheme shares was also confirmed by court. Withdrawal of listing of shares on stock exchange is expected to take place with effect from 4:00 p. m. on 28 October 2019.