KNT Holdings Delays Share Subscription Again

KNT Holdings Limited (HK:1025) has released an update.

KNT Holdings Limited has announced a further delay in the completion of new shares subscription under the general mandate, attributing the postponement to additional internal compliance measures required by the state-owned enterprise subscriber. The completion is now rescheduled for on or before 31 July 2024, amid concerns of the company’s declining share price.

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