CN INT DEV CORP (00264): Termination of the Memorandum of Understanding with Platinum Wealth

date
19:06 13/04/2026
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GMT Eight
China Overseas Development Holdings (00264) announced that the company has entered into a non-legally binding memorandum of understanding with Platinum Way Limited (the partner). On April 13, 2026, the company and the partner entered into a termination agreement for the memorandum of understanding. Accordingly, the contracting parties agree to terminate the memorandum of understanding and, except for the confidentiality provisions contained in the memorandum of understanding, the memorandum of understanding no longer has any legal effect. Neither contracting party shall be responsible for any form of liability or compensation to the other party for the termination of the memorandum of understanding.
CN INT DEV CORP (00264) announced that a non-legally binding memorandum of understanding was entered into with Platinum Wealth Limited (the partner) on April 13, 2026. The company and the partner have reached an agreement to terminate the memorandum of understanding. As such, both parties agree to terminate the memorandum and, apart from the confidentiality clauses contained therein, the memorandum will no longer have any legal effect. Neither party is required to assume any form of liability or compensation obligation towards the other party regarding the termination of the memorandum.