Zhejiang Expressway Extends Equity Transaction Payment Deadline

Zhejiang Expressway Co (HK:0576) has released an update.

Zhejiang Expressway Co. has announced an extension to the payment date associated with its major transaction and connected transactions involving a capital increase and deemed disposal of equity interest in Shangsan Co. The new deadline for these payments is set for November 28, 2027, following a supplemental agreement among the involved parties. The company’s board views this extension as fair and beneficial for shareholders.

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