Jiu Rong Holdings Ltd. Extends Deadline for Potential Subsidiary Disposal Agreement

Reuters

Jul 02

Jiu Rong Holdings Ltd. Extends Deadline for Potential Subsidiary Disposal Agreement

Jiu Rong Holdings Limited has announced an extension of the deadline for entering into a sale and purchase agreement related to the potential disposal of a subsidiary. Initially set to conclude by 30 June 2025, the deadline has now been extended to 31 December 2025, as both the buyer and seller require additional time to finalize transaction details. This move is aimed at benefiting the group by reallocating resources and reducing gearing. Other terms of the existing Letter of Intent remain unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiu Rong Holdings Ltd. published the original content used to generate this news brief on July 02, 2025, and is solely responsible for the information contained therein.

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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Extends Deadline for Potential Subsidiary Disposal Agreement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Jiu Rong Holdings Ltd. Extends Deadline for Potential Subsidiary Disposal Agreement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Jiu Rong Holdings Limited has announced an extension of the deadline for entering into a sale and purchase agreement related to the potential disposal of a subsidiary. Initially set to conclude by 30 June 2025, the deadline has now been extended to 31 December 2025, as both the buyer and seller require additional time to finalize transaction details. This move is aimed at benefiting the group by reallocating resources and reducing gearing. 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