SMART DIGI TECH (01159): Trading will resume in the afternoon of July 25th based on the final deadline for the general authorization of the new share allotment.

date
25/07/2025
avatar
GMT Eight
Wisdom Technology Group (01159) announces that, according to the terms and conditions of the placement agreement, the completion of the placement agreement is subject to certain prerequisites...
SMART DIGI TECH (01159) announces that, according to the terms and conditions of the placement agreement, the completion of the placement agreement must be subject to the fulfillment of a condition precedent by July 25, 2025 (or such later date as may be agreed in writing between the Company and the placement agent) (the final deadline) before it can take effect. The Company and the placement agent entered into a supplemental agreement on July 24, 2025, extending the final deadline to July 30, 2025. After discussions with the placement agent, this supplemental agreement has been terminated. Therefore, the final deadline remains as July 25, 2025. The Company has applied to the Stock Exchange for the resumption of trading of its shares on the Stock Exchange starting from 1:00 pm on July 25, 2025.