Time Interconnect Technology Ltd. has announced the acquisition of the entire issued share capital of a target company, as outlined in a Sale and Purchase Agreement. The completion of this acquisition is contingent upon fulfilling certain conditions precedent specified in the agreement. The company has indicated that additional time is needed to prepare and finalize the financial information of the Target Group and the Enlarged Group, which will be included in a circular to be dispatched to shareholders. Consequently, Time Interconnect Technology Ltd. plans to apply for a waiver to delay the dispatch of this circular and will announce the expected new dispatch date in due course. Completion of the transaction is still pending, subject to the fulfillment of the necessary conditions.