Shunlong Holdings (00361.HK): The receiver and potential buyers reached a preliminary understanding on the terms of the transaction in July.
Zhixin Finance APP News, Shunlong Holdings (00361.HK) announced that, following a search, the liquidator informed the company that, starting from April 2025, they have been in continuous discussions with the selected potential buyer regarding the terms of the actual transaction documents. Although a sale has not yet been reached, and no definite transaction documents have been entered into, a preliminary understanding of the transaction terms was reached in July 2025. The potential transaction is subject to the release of certain encumbrances on the assets, which is a precondition requested by the selected potential buyer before executing the actual transaction documents. The liquidator has been coordinating with all parties involved in order to satisfy this precondition.
Latest