China Environmental Resources (1130) Announces Extended Long Stop Date for Share Placing

Bulletin Express
Nov 19, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited disclaim any liability for the contents of the announcement. The announcement is presented only for information purposes and does not constitute an offer or invitation to acquire securities.

China Environmental Resources Group Limited (Stock Code: 1130) announced an extension of the Long Stop Date for its proposed placing of new shares under a general mandate. The date has been moved from 24 November 2025 to 2 December 2025, or such later date as the parties may agree in writing. According to the announcement, this extension is due to the need for additional time for the placing agent to procure investors.

The placing price of HK$0.468 per share remains unchanged. This represents a 19.31% discount to the closing price of HK$0.580 on the date of the second supplemental agreement and a 17.31% discount to the average closing price of HK$0.566 over the five consecutive trading days immediately prior to that date.

The company notes that completion of the placing may or may not take place, and advises shareholders and investors to exercise caution when dealing in its securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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