Huanxi Media Group Limited announced an amendment to the subscription agreement signed on 19 May 2026, extending the long stop date for completion from 18 July 2026 to 30 September 2026. The extension provides additional time for the parties to satisfy outstanding conditions precedent related to the issuance of new shares under the company’s general mandate.
All other terms of the subscription agreement remain unchanged. Completion of the share subscription is still contingent on fulfilling or waiving the specified conditions; therefore, the transaction may or may not proceed. Huanxi Media advises shareholders and potential investors to exercise caution when dealing in the company’s securities.
The board composition as of 20 July 2026 comprises three executive directors (including CEO Steven Xiang Shaokun), two non-executive directors, and four independent non-executive directors.