Fuxing China's (SGX:AWK) subsidiary, Jade Star, entered into a supplementary agreement to extend the completion of the disposal of Jinjian Jianxin Weaving to June 30.
The original deadline was 90 days after the SPA on Dec. 11, 2024, according to a Tuesday filing with the Singapore Exchange.
The company wants to complete the disposal following its proposed listing on the Nasdaq Capital Market.
In an earlier filing, the company agreed to dispose of Jinjian Jianxin Weaving for 8.8 million yuan.