Genor Biopharma Updates on Proposed Merger and Delayed Circular Dispatch

Reuters2025-11-27

Genor Biopharma Updates on Proposed Merger and Delayed Circular Dispatch

Genor Biopharma Holdings Ltd. has provided a monthly update regarding its proposed merger between a merger subsidiary and a target company, which will involve the issue of consideration shares under a specific mandate. The update also covers related actions, including a new listing application, an application for a whitewash waiver, a special deal related to the retention plan for shareholder personnel, a proposed change of company name, an increase in authorised share capital, and the planned adoption of a one-off share option plan. The company noted a delay in the despatch of the circular related to these transactions, and clarified that the completion of the merger is subject to approval by independent shareholders. If the necessary approvals are not received, the merger will not proceed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genor Biopharma Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11931175), on November 27, 2025, and is solely responsible for the information contained therein.

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The update also covers related actions, including a new listing application, an application for a whitewash waiver, a special deal related to the retention plan for shareholder personnel, a proposed change of company name, an increase in authorised share capital, and the planned adoption of a one-off share option plan. The company noted a delay in the despatch of the circular related to these transactions, and clarified that the completion of the merger is subject to approval by independent shareholders. If the necessary approvals are not received, the merger will not proceed.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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