Extrawell Pharmaceutical Holdings Limited (the “Company”) (Stock Code: 00858) announced an extension of the long stop date related to the proposed fourth amendments to the terms and conditions of its bonds. According to the fourth amendment deed, if conditions were not met by 31 March 2026, the deed would lapse automatically. An extension letter dated 27 February 2026 now pushes the deadline to 30 June 2026, or another date mutually agreed by the parties. Other terms and conditions of the deed remain unchanged.
The Company also announced a delay in dispatching the circular for the major transaction linked to the same amendments. Originally set for on or before 6 March 2026, the dispatch date is now expected to be on or before 30 May 2026, to allow additional time for finalizing the required information.