Zhongzheng Intl Extends Long-Stop Date for Full Acquisition of TargetCo to 30 June 2026

Bulletin Express
03/31

Zhongzheng International Company Limited announced that it has signed a supplemental agreement with the vendor on 31 March 2026 to extend the long-stop date for completing the planned acquisition of 100% equity interest and the shareholder’s loan of TargetCo. The deadline, originally set for 31 March 2026, has been moved to 30 June 2026, allowing additional time to meet the outstanding conditions precedent stipulated in the Acquisition Agreement.

All other terms of the Acquisition Agreement remain unchanged. The company emphasised that completion is contingent upon satisfaction of the agreed conditions, and there is no certainty the transaction will proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

The board of Zhongzheng International currently comprises two executive directors (Tam Lup Wai, Franky and Liu Liyang), one non-executive director (Lim Kim Chai, J.P.) and four independent non-executive directors (Hau Chi Kit, Leung Chi Hung, Li Hon Kuen and Yang Yan Tung Doris). The announcement was issued in Hong Kong on 31 March 2026.

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