Zhengwei Group Extends Deadline for Share Placement

Zhengwei Group Holdings Company Limited (HK:2147) has released an update.

Zhengwei Group Holdings has announced an extension to the Long Stop Date for its planned placement of up to 160 million new shares, pushing the deadline to December 30, 2024. This extension allows more time for the Placing Agent to find investors, though the company cautions that the placing may or may not proceed. Investors are advised to remain cautious when dealing with Zhengwei shares during this period.

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