Southwest Securities International Securities Limited (HK:0812) has released an update.
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Southwest Securities International Securities Limited and Ocean Wisdom Investments Limited have announced an extension of the long stop date for their sale and purchase agreement from 31 December 2024 to 31 March 2025 due to prolonged regulatory reviews. Additionally, there is a further delay in dispatching the composite document related to a mandatory cash offer for the company’s shares, now extended to 6 December 2024. These delays highlight the ongoing complexities and regulatory hurdles in significant financial transactions, impacting shareholders and market participants.
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