Guan Chao Extends Share Placement Deadline to July 4

MT Newswires Live

06/30

Guan Chao Holdings (HKG:1872) extended the deadline to complete its planned share placement to July 4, to allow more time to meet the deal's conditions.

Shares of the vehicle importer closed 11% higher on Monday.

The placement involves up to 90,195,000 new shares through Fortune (HK) Securities.

All other terms of the agreement remain unchanged.

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