Kingkey Financial International Further Delays Circular for 80% Acquisition of Jakota Capital AG, Extends Long Stop Date

Reuters09-30
Kingkey Financial International Further Delays Circular for 80% Acquisition of Jakota Capital AG, Extends Long Stop Date

Kingkey Financial International (Holdings) Limited has announced a further delay in the dispatch of its circular regarding the proposed acquisition of an 80% equity interest in Jakota Capital AG. According to the company, additional time is needed to prepare and finalize certain information to be included in the circular. The expected date for dispatch has now been postponed to on or before October 30, 2025. The company also confirmed that the long stop date for completion of the acquisition has been extended, with all other terms of the agreement remaining unchanged. The announcement was made by Kingkey Financial International (Holdings) Limited.

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