Beijing Energy Delays Major Acquisition Deadline
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Beijing Energy Delays Major Acquisition Deadline

Beijing Energy International Holding Co., Ltd. (HK:0686) has released an update.

Beijing Energy International Holding Co., Ltd. has announced an extension for completing its major acquisition via a scheme of arrangement, moving the deadline from May 31 to July 31, 2024, as it awaits the Australian Foreign Investment Review Board’s decision. The company cautions shareholders and investors to exercise prudence with their transactions as the acquisition’s completion remains uncertain and subject to conditions precedent. Further updates on the acquisition’s progress will be communicated in due course.

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