CN INT DEV CORP (00264) Signs Supplemental Memorandum Agreement with Xu Xichang to Extend Exclusivity Period by Three Months
Stock News
Feb 05
CN INT DEV CORP (00264) has announced a supplemental agreement to the non-binding memorandum of understanding originally entered into with seller Xu Xichang on November 21, 2025. On February 5, 2026, the company and the seller executed this supplemental agreement, mutually agreeing to extend the exclusivity period by three months. This extension results in a total exclusivity period of six months from the date of the original memorandum. The company has engaged a professional team, including financial advisors, Chinese legal counsel, and Hong Kong legal counsel, to commence due diligence on the target group's business, operations, assets, finances, and legal matters.
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