Yangzijiang Financial Holding (SGX:YF8) outlined the conditions for its planned sale of treasury shares to Merlion Quay Capital and Operie Capital, according to a Wednesday filing on the Singapore Exchange.
Completion is subject to several events not occurring, including significant adverse developments in financial markets or the company's condition.
Other triggers include geopolitical instability, major trading halts, or a drop in Yangzijiang Financial's share price to below 85% of its March 28 close.
Either buyer may terminate the sale if any of these conditions are triggered and not waived before completion.
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