Asia Television Holdings Limited (HK:0707) has released an update.
Asia Television Holdings Limited has entered into a supplemental agreement to extend the Placing Period for its Rights Issue, originally set to end on the sixth Business Day after acceptance, to now conclude on the tenth Business Day. The company emphasizes that the Rights Issue and the Placing Agreement are contingent on certain conditions, including necessary approvals, and cautions shareholders and potential investors that the Rights Issue may not proceed if these are not met. All other terms of the initial Placing Agreement remain unaltered.
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