ITC Properties Group (HKG:0199) extended the fulfillment date of certain conditions under an agreement to issue 100.8 million shares to the Reynold Lemkins Group to Dec. 15 from Dec. 8, a Monday Hong Kong bourse filing said.
Shares of the property firm were down over 1% in Tuesday afternoon trading.
The move comes as additional time is required for the fulfillment of the conditions.
The parties had entered into the agreement in November.
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