Central Development Holdings Limited (HK:0475) has released an update.
Central Development Holdings Limited has announced a significant amendment to their agreement regarding the acquisition of a 35% stake in the Target Company, extending the deadline to obtain a Gas Business License to 30 November 2026. If the license is not secured by this new deadline, the deal involving Convertible Bonds will be nullified, with shares and bonds reverting to their original holders without any consideration. This adjustment reflects the latest developments and agreements between the involved parties, reshaping the previously established terms of the transaction.
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