Clifford Modern Living further postpones circular dispatch, secures HKEX waiver until 24 April 2026

Bulletin Express
03/27

Clifford Modern Living Holdings Limited (CLIFFORDML) announced a second delay in sending its shareholder circular covering recent bullion investments and related transactions.

According to the filing, the company was initially required under Listing Rule 14.41(a) to dispatch the circular by 9 March 2026. An earlier waiver shifted the deadline to 27 March 2026. A further extension has now been granted by the Stock Exchange of Hong Kong, allowing dispatch no later than 24 April 2026.

The circular will detail three sets of purchases executed between January and March 2026: 1. Unallocated gold bullion totalling 2,730 ounces. 2. Allocated gold bullion totalling approximately 1,600 ounces. 3. Allocated silver bullion totalling approximately 230,300 ounces.

These transactions, aggregated as one under Listing Rule 14.44, already carry written approval from controlling shareholders Ms. Man Lai Hung and Elland Holdings Limited, who jointly hold about 72.89 % of Clifford Modern Living’s issued share capital.

Management stated that extra time is needed to finalise the statement of indebtedness and to incorporate information on two additional bullion investments completed after the first waiver was obtained.

The Stock Exchange noted that the waiver can be amended or withdrawn should the company’s circumstances change.

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