Mediwelcome Healthcare Management & Technology Inc. has signed an extension letter with its placing agent to prolong both the placing period and the long-stop date for its specific-mandate share placement.
The company disclosed that additional time is needed for the placing agent to complete compliance and Know-Your-Client onboarding for several prospective placees. Consequently:
• The expiry of the placing period moves from 31 July 2026 to 31 August 2026. • The long-stop date is likewise deferred to 31 August 2026. • All other terms of the Placing Agreement, as previously amended, remain unchanged.
Completion of the placement remains contingent on satisfaction of the agreement’s existing conditions precedent, and the transaction may or may not proceed. Shareholders and prospective investors are advised to exercise caution when dealing in Mediwelcome shares.
The decision was approved by the board on 31 July 2026 after market close. The board currently comprises four executive directors (Shi Wei, Yang Weimin, Wang Liang, Deng Chengying), one non-executive director (Liu Xia) and three independent non-executive directors (Song Ruilin, David Zheng Wang, Chen Huilin).
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