Zhong Jia Guo Xin (HKG:0899) agreed to postpone the completion date for its disposal of a subsidiary, Century Strong, to Mao Yuzhen, the purchaser, request, a Friday bourse filing said.
Under the current supplemental agreement, the completion is postponed to December 31 and the purchaser will be required to pay another 1 million yuan before Feb. 21, the filing said.
The company agreed to sell the entire issued share capital of the target company to the purchaser in April 2023 for 150 million yuan.
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