Qidian International Co., Ltd. (HK:1280) has released an update.
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China Qidian Guofeng Holdings Limited has announced a delay in the despatch of a circular related to a major acquisition involving the issuance of Consideration Shares. The delay is due to the need for additional time to prepare certain information for inclusion in the circular, which is now scheduled to be sent to shareholders by September 20, 2024. The circular is expected to provide details on the acquisition agreement, advice from the Independent Board Committee, and advice from the Independent Financial Adviser.
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