China New City Commercial Development Ltd (HK:1321) has released an update.
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China New City Group Limited has announced a delay in the dispatch of a circular related to its previously announced off-market share buy-back. The extension is needed to finalize details, including the advice from an independent financial adviser. The company has applied for and expects to receive consent for the delay, pushing the dispatch to a date on or before 27 September 2024.
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