CHTC Fong's Announces Delay in Circular Dispatch for Xiangshan Avenue Land Resumption Transaction

Reuters
14 May
CHTC Fong's Announces Delay in Circular Dispatch for Xiangshan Avenue Land Resumption Transaction

CHTC Fong's International Company Limited has announced a major update regarding its proposed transaction involving Land Use Rights Resumption. The company has issued a termination notice concerning the Xiangshan Avenue Land Resumption. Additionally, the despatch of the circular and notice of the Special General Meeting related to the transaction has been postponed to on or before 30 June 2025. This update provides further clarity on the company's strategic decisions regarding land assets.

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