Zhong Hua International Holdings Limited (HK:1064) has released an update.
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Zhong Hua International Holdings Limited has announced an extension to the long stop date of a significant acquisition until June 30, 2026, to finalize revised terms. Despite complications from the target company’s ongoing compulsory liquidation, the directors remain confident that the acquisition will proceed, asserting that the liquidation claim lacks factual and legal basis. All other terms of the Acquisition Agreement, as previously amended, remain unchanged and in force.
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