Diwang Industrial Delays Circular on 24% Subsidiary Stake Sale

Reuters
Dec 02
Diwang Industrial Delays Circular on 24% Subsidiary Stake Sale

Diwang Industrial Holdings Ltd. is proceeding with a second disposal of a 24% interest in one of its subsidiaries. The company announced that it requires additional time to finalize and dispatch a circular to shareholders containing further details of the sale agreement, a valuation report of Zhejiang Sunlight, and other relevant information. The circular, initially expected by 2 December 2025, is now anticipated to be sent on or before 31 December 2025.

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