Summary by Moomoo AI
Imperial Industrial Holdings Limited (the “Company”) announced on December 29, 2023 that the acquisition transaction scheduled for December 29, 2023 was extended due to the extension of the time required for the completion of the administration process due to the drying up of the administration process by the relevant government departments, which required more time for the relevant government departments to process the application for the transfer of the certificate of ownership of the property, and the transaction was completed The date must be postponed. The application for transfer of the certificate of ownership of the property was submitted on 26 December 2023. The Seller and the Buyer signed a Supplementary Property Transfer Agreement on 29 December 2023, which will extend the completion date to 31 January 2024 on or before 31 January 2024. The Company will make further announcements upon completion of the transaction. The members of the Company's Board of Directors include Executive Directors Chen Hua, Lin Jinqiao, Sun Jinggang, Xie Zhenzhong, as well as Independent Non-Executive Directors Hei Jing, Li Chung Yue, Zheng Yu and Zhou Xiaochun.