China Tonghai Secures Approval, Extends Deal Timelines

China Tonghai International Financial Limited (HK:0952) has released an update.

China Tonghai International Financial Limited has extended the timeline for completing its disposal SPA and the related valuation process. The required SFC’s Approval for the deal has been obtained, facilitating the sale of Wanhai Financial shares. The extensions ensure compliance with regulatory measures and allow for the completion of necessary valuations of assets.

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