Tongcheng Travel Holdings Limited (HK:0780) has released an update.
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Tongcheng Travel Holdings Limited announced a delay in dispatching a circular related to a connected transaction with Tencent, which includes details of a strategic cooperation and marketing promotion agreement set for 2024. The company cited the need for additional time to finalize the circular’s contents, with a new expected dispatch date on or before September 10, 2024. Shareholders are advised to await the comprehensive document, which will include recommendations from the Independent Board Committee and advice from the Independent Financial Adviser.
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