Zhong Jia Guo Xin Holdings Says Disposal Remains Incomplete as Buyer Has Not Paid Balance

Reuters
Jan 02
Zhong Jia Guo Xin Holdings Says Disposal Remains Incomplete as Buyer Has Not Paid Balance

Zhong Jia Guo Xin Holdings Company Limited has provided an update regarding the disposal of its target company. As of 2 January 2026, completion of the transaction has not occurred, as the company has yet to receive the remaining balance of the total consideration from the purchaser. The company remains entitled to forfeit the deposit and further deposit, and continues to negotiate with the purchaser in light of current property market conditions in China. Legal advice is being sought, and further announcements will be made as appropriate.

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. Zhong Jia Guo Xin Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260102-11977049), on January 02, 2026, 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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10