Jiu Rong Holdings Limited has announced an extension of the deadline for entering into a sale and purchase agreement related to the potential disposal of a subsidiary. Initially set to conclude by 30 June 2025, the deadline has now been extended to 31 December 2025, as both the buyer and seller require additional time to finalize transaction details. This move is aimed at benefiting the group by reallocating resources and reducing gearing. Other terms of the existing Letter of Intent remain unchanged.
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