Polyfair Holdings Delays Circular Dispatch for Pending Acquisition
Reuters
Dec 05, 2025
Polyfair Holdings Delays Circular Dispatch for Pending Acquisition
Polyfair Holdings Ltd. has provided an update regarding its proposed acquisition, including the issuance of Convertible Bonds under a sale and purchase agreement (SPA). The company announced an extension of the long stop date and a delay in the despatch of the related shareholder circular, which will now be sent on or before 27 February 2026. The extension is required to allow additional time to finalize certain information in the circular, which will include details of the SPA, the acquisition, advice from the Independent Board Committee and Independent Financial Adviser, a valuation report of the target company, and other relevant materials.
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