Da Sen Holdings Group Limited has signed a supplemental agreement with its placing agent to extend the long stop date for the proposed placing of up to 219.12 million new shares under its existing general mandate.
The long stop date, originally set for 7 October 2026, has been moved to 21 October 2026, allowing additional time to satisfy the conditions precedent stipulated in the placing agreement. All other terms and conditions of the original agreement, announced on 18 September 2026, remain unchanged.
Completion of the share placement remains conditional on the fulfilment of all agreed requirements and the absence of any termination events. The company cautions that the transaction may or may not proceed to completion and advises shareholders and prospective investors to exercise prudence when dealing in its securities.
The announcement was authorised by Chairman and independent non-executive director Sun Yongtao on 7 October 2026. As of that date, Da Sen Holdings’ board comprises one executive director (Wong Ben), one non-executive director (Dr Clara Ka-wah Leung) and two independent non-executive directors (Kwok Yiu Tong and Sun Yongtao).
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