Platt Nera Extends Payment Deadline for Subsidiary Sale

Reuters01-19

<a href="https://laohu8.com/S/01949">Platt Nera</a> Extends Payment Deadline for Subsidiary Sale

Platt Nera International Ltd. has provided a supplemental update regarding the disposal of one of its subsidiaries. The company disclosed that the purchaser has formally requested an extension of the balance payment due date, moving it from 31 December 2025 to 30 June 2026. In response, Platt Nera International Ltd. highlighted that protective arrangements remain in place, including a personal guarantee from the purchaser’s guarantor and a share charge over the entire issued share capital of the target company. The board noted that the purchaser guarantor holds significant assets, which are considered sufficient to cover the outstanding consideration amount, and expressed confidence that the risks associated with the extension are mitigated and the likelihood of securing full payment is maximized.

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. Platt Nera International 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-20260119-11995140), on January 19, 2026, and is solely responsible for the information contained therein.

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