CAI Corp. Delays Circular for Proposed Acquisitions and 2025 Share Scheme

Reuters
Jan 12
CAI Corp. Delays Circular for Proposed Acquisitions and 2025 Share Scheme

CAI Corp., formerly known as China New Economy Fund Limited, has provided an update regarding its planned acquisitions of equity interests in two target companies. The transaction involves the issuance of consideration shares under a specific mandate. The company also intends to adopt a new 2025 Share Scheme. CAI Corp. stated that the dispatch of a circular containing further details about the acquisitions, the share scheme, and related documentation will be postponed, with the new expected dispatch date set on or before 30 January 2026.

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