Asia Grocery partial offer awaits SASAC review, composite document in preparation

PUBT·04/27/2026 08:54:17

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Hong Kong Lianfeng Property proposed a voluntary cash partial offer to buy up to 755,300,000 shares in Asia Grocery Distribution from qualifying shareholders.
Satisfaction process for a key pre-condition remained pending, with an application still under review by Hubei provincial SASAC.
Composite document preparation continued, with despatch deadline set for within seven days of pre-conditions being met or June 18, 2026, whichever is earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asia Grocery Distribution Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260427-12124277), on April 27, 2026, and is solely responsible for the information contained therein.

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