Champion Technology Holdings (HK:0092) has released an update.
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Champion Technology Holdings Limited has extended the sale and purchase agreement’s long stop date to December 31, 2024, indicating a significant, yet unresolved acquisition may be re-evaluated or potentially terminated around October 2024. Despite disagreement with the Listing Review Committee’s characterization of the deal as a reverse takeover, the company will provide future updates. Shareholders and investors are advised to exercise caution when trading company securities due to the uncertain outcome of the acquisition.
For further insights into HK:0092 stock, check out TipRanks’ Stock Analysis page.