KNT Holdings Limited (HK:1025) has released an update.
KNT Holdings Limited has announced a further extension of the completion date for the subscription of new shares under general mandate, now set for no later than 12 July 2024. This delay is due to the need for more time by the Subscriber to complete administrative tasks and arrange funding, with the Subscriber’s ultimate beneficial owner being the Local State-owned Assets Supervision and Administration Commission of the State Council. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
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