Ruicheng (China) Media Group's (HKG:1640) extended the long stop date of a Nov. 4 agreement to place about HK$300 million of convertible bonds to at least six investors to Feb. 28, 2025, from Dec. 31, 2024, a Thursday bourse filing said.
The move comes as additional time is needed for the completion of certain administrative procedures related to the placing.
The expiry date of the placing period was also extended to Feb. 27, 2025, from Dec. 30, 2024.
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.