Goldway Education (8160) Announces Further Delay of Circular Dispatch Regarding Major Transaction

Bulletin Express
2025/11/24

Goldway Education Group Limited (Stock code: 8160) has announced a postponement of the dispatch date for its circular related to a major transaction regarding the acquisition of Team Swift Limited. The circular had previously been scheduled for release on or before 24 November 2025 and will now be dispatched on or before 8 December 2025.

According to the company, the extension is necessary to finalize remaining information about the proposed agreement, including further details of the acquisition and the associated documentation. The circular will provide information on the agreement, the transactions contemplated under it, an accountants’ report on the target company, pro forma financial information on the group, a valuation report on the relevant property, and a notice of the Extraordinary General Meeting.

The announcement follows prior notices dated 30 September 2025, 27 October 2025, 10 November 2025, and 17 November 2025, which provided updates on the acquisition timeline and related documentation. The company has reiterated that this delay is needed to ensure that all pertinent information for shareholders is accurately prepared for final disclosure.

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