Value Convergence Deal Falls Through; No Impact Expected

Value Convergence Holdings Limited (HK:0821) has released an update.

Value Convergence Holdings Limited announced the lapse of a previously disclosed transaction involving the acquisition of a 24% equity interest in a target company due to unmet conditions precedent. The company’s board believes that this development will not materially affect its current business operations or financial status. The news comes as the company reassesses its strategic initiatives moving forward.

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