Shougang Century Holdings Limited (103) issued an announcement regarding the delay in sending out its circular related to the New Finance Services Agreement and the associated transactions. Originally scheduled for despatch on or before 6 February 2026, the circular is now expected to be sent by 27 February 2026.
The circular will include details of the New Finance Services Agreement, advice and recommendations from the Independent Financial Adviser and the Independent Board Committee, as well as the notice of the general meeting. According to the latest information, the extension was necessary to allow additional time to finalize certain details for inclusion in the circular. The announcement was approved by the Board, led by Chairman Mr. Su Fanrong.