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Asia Grocery Distribution partial offer update; Offeror SASAC application remains under review

Reuters03-27

<a href="https://laohu8.com/S/08413">Asia Grocery</a> Distribution partial offer update; Offeror SASAC application remains under review

Hong Kong Lianfeng Property, advised by TFI Securities and Futures and Shenwan Hongyuan Capital, is seeking to buy up to 755,300,000 shares in Asia Grocery Distribution from qualifying shareholders.
The offer remains subject to pre-conditions, including approval being reviewed by Hubei provincial SASAC.
The deadline to send the composite offer document was extended to within seven days after the pre-conditions are satisfied or by June 18, 2026, whichever is earlier.
Work to prepare and finalize the composite document is ongoing.

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. Asia Grocery Distribution 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-20260327-12072163), on March 27, 2026, and is solely responsible for the information contained therein.

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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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