KNT Holdings Limited (HK:1025) has released an update.
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KNT Holdings Limited has announced a further delay in the completion of its new share subscription process, now expected to be finalized by August 27, 2024, due to a state-owned enterprise subscriber obtaining necessary approvals. The company anticipates receiving subscription proceeds of HK$16.8 million on or before August 19, 2024. This announcement follows a series of updates regarding the share subscription under the company’s general mandate.
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