Summary by Moomoo AI
Imperial Industrial Holdings Limited (the “Company”) announced the acquisition of the property, originally scheduled for 31 January 2024, as the relevant government departments were still processing applications for the transfer of title to the purchaser of the title of the certificate of ownership of the property, resulting in the inability to issue a new certificate of ownership on time. Therefore, the seller and the buyer reached an agreement on the same day to sign a second supplementary property transfer agreement, which will be postponed until 29 February 2024. The Company will make further announcements to shareholders and potential investors regarding this progress. The other terms and conditions of the property transfer agreement remain unchanged.