Capital Estate Delays Key Acquisition Document Dispatch

Capital Estate Limited (HK:0193) has released an update.

Capital Estate Limited has announced a delay in dispatching the Composite Document related to Cedarwood Ventures Limited’s mandatory unconditional cash offer to acquire all issued shares of Capital Estate Limited not already owned by Cedarwood. The delay is due to the need for additional time to finalize financial details required under the Takeovers Code. An extension until 6 November 2024 has been granted by the Executive for the dispatch of the necessary documentation.

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