Summary by Moomoo AI
Vida International Holdings Limited (the “Company”) and Isola Castle Ltd (the “Contracting Party”) issued a joint announcement on January 5, 2024 announcing a voluntary conditional cash agreement on all issued shares of the Company (except for Shares Owned) by the relevant covenants originally sent on or before January 5, 2024 Aggregate documents will be sent late. The offer was made by France Paris Securities (Asia) Limited and China International Finance Hong Kong Securities Limited as financial advisors. Due to the need for more time to fulfill the prerequisites and prepare the information in the consolidated document, the executor has agreed to extend the deadline for sending the consolidated documents until seven days after the prerequisites are met or 15 September 2024 (whichever is the earlier). THE ANNOUNCEMENT REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS THAT THE CONCLUSION OF THE AGREEMENT IS SUBJECT TO THE FULFILLMENT OF PRECONDITIONS OR EXEMPTIONS AND DOES NOT GUARANTEE THE EVENTUAL CONCLUSION OR COMPLETION OF THE AGREEMENT.