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China Energy Storage Extends Share Placing Deadline

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China Energy Storage Extends Share Placing Deadline

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The latest announcement is out from Link-Asia International Medtech Group Ltd. ( (HK:1143) ).

China Energy Storage Technology Development Limited has announced an extension of the Long Stop Date for the placing of new shares under a general mandate. The extension, agreed upon with the Joint Placing Agent, moves the deadline from July 15, 2025, to July 29, 2025, allowing more time to fulfill conditions precedent in the Joint Placing Agreement. The directors believe the extension is commercially reasonable and in the best interests of the company and its shareholders. The placing may still be subject to conditions, and stakeholders are advised to exercise caution.

More about Link-Asia International Medtech Group Ltd.

China Energy Storage Technology Development Limited, formerly known as Link-Asia International MedTech Group Limited, is a company incorporated in the Cayman Islands. The company operates in the energy storage technology sector, focusing on developing and advancing energy storage solutions.

Average Trading Volume: 857,832

Technical Sentiment Signal: Sell

Current Market Cap: HK$90.84M

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