Alltronics Holdings Limited has announced an update regarding its potential acquisition of a 51% interest in a factory in Vietnam. Originally detailed in announcements dated 11 September 2024 and 10 March 2025, this update extends the proposed completion timeline. Due to the need for additional time to complete the group reorganisation of the target company, Alltronics and Rainno have agreed to extend the timeline to fifteen months from the original memorandum of understanding, setting a new completion date on or before 11 December 2025. Other terms and conditions of the memorandum remain unchanged.
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