ZHONGAN GROUP (00672): Placement Agreement Lapses

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ZHONGAN GROUP (00672): Placement Agreement Lapses

Stock News2025-12-15

ZHONGAN GROUP (00672) announced that on December 12, 2025 (the third business day after the final deadline under the placement agreement), the company was notified by the placement agent that no placement shares were allocated in accordance with the terms and conditions of the placement agreement. Consequently, the placement agreement has lapsed, and the proposed sale will not proceed.

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