China Chengtong Development Group Limited (HK:0217) has released an update.
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China Chengtong Development Group Limited has announced a delay in dispatching the circular regarding its major transaction, the Sale and Leaseback Arrangement, originally detailed on September 10, 2024. The company is finalizing details for the circular and has been granted an extension by the Stock Exchange to send it by October 22, 2024, instead of the initial deadline of October 3, 2024. This arrangement is a significant move for the company and has already secured written approval from shareholders, negating the need for a general meeting.
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