Pak Tak International Extends Long Stop Date of Acquisition Agreement

MT Newswires Live10-01

Pak Tak International (HKG:2668) has further extended the long stop date of an agreement to buy Zhongchuan Investment Group from Zhongchuan Investment Holding to Dec. 31, a Monday bourse filing said.

The move comes about as more time is needed to fulfill all conditions under the contract.

The parties had entered into the acquisition agreement earlier this year in February.

Price (HKD): $0.56, Change: $+0.020, Percent Change: +3.70%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment