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China info tech (08178.HK) has extended the deadline for the distribution of 12.353 million shares.
Gelonghui reported on December 5 that china info tech (08178.HK) announced details regarding the final deadline for the issuance of 12.353 million shares. Due to the need for additional time to meet the conditions precedent under the subscription agreement, on December 5, 2024, the company entered into a supplemental agreement with the subscriber, agreeing to further extend the final deadline from December 5, 2024, to January 2, 2025 (or any later date as mutually agreed in writing by the parties).
China Info Tech (08178.HK) received a shareholding of 12.353 million ordinary shares from A M K M INVESTMENTS L.L.C. and its related parties off-market, worth approximately 77.9474 million Hong Kong dollars.
Reported on November 11th, according to the documents disclosed by the Hong Kong Stock Exchange on November 11th, A M K M INVESTMENTS L.L.C. increased its off-exchange shareholding of China Info Tech (08178.HK) by an average price of HK$6.31 per share on November 7th, acquiring 12.353 million ordinary shares, valued at approximately HK$77.9474 million. After the shareholding increase, A M K M INVESTMENTS L.L.C. now holds a total of 12.353 million shares, increasing its stake from 0.00% to 16.86%. This trade involves other affiliations.
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