China Environmental Resources Group Limited (China Env Res) has signed an addendum on 26 March 2026 to further extend the long stop date of its memorandum of understanding (MOU) governing a potential acquisition of 51% of the target company’s issued share capital. The deadline moves six months from 25 March 2026 to 25 September 2026, with all other MOU terms unchanged.

The original MOU was signed on 15 August 2016 between a wholly owned subsidiary of China Env Res (the purchaser) and the prospective vendors. Since then, the parties have periodically extended the long stop date, most recently on 28 March 2024 and 27 September 2024, followed by 27 March 2025 and 26 September 2025.

Management reiterated that the possible acquisition “may or may not materialize.” Shareholders and potential investors are therefore advised to exercise caution when dealing in the company’s shares.

As of the signing date, the board comprises five executive directors—Yeung Chi Hang (Chairman and CEO), Wong Po Keung, Chung Siu Wah, Chik To Pan and Liu Yafei—and three independent non-executive directors—Heung Chee Hang, Eric; Lee Chi Ho; and Lai Pik Chi, Peggy.