Ju Teng Delays Major Land Transaction Completion

Ju Teng International Holdings Limited (HK:3336) has released an update.

Ju Teng International Holdings Limited has announced a postponement of their major transaction involving the disposal of land and property in China, originally disclosed in various announcements from November 2023 to March 2024. The extension, agreed on 19 July 2024, defers the required vacation of the involved lands until 31 December 2024, due to the need for additional time to secure necessary licenses and approvals. All other terms of the original Resumption Agreements remain unchanged after this adjustment.

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