China Next-Gen Commerce takeover document despatch delayed

Ever Realm Capital Limited and China Next-Gen Commerce and Supply Chain Limited announced a delay in the despatch of the composite document related to a mandatory unconditional cash offer. The document was originally scheduled for despatch by August 31, 2025.

Additional time is required to finalize certain information, particularly a letter of advice from the Independent Financial Adviser. An application to extend the deadline has been made, with a proposed new despatch date on or before September 12, 2025. The Executive has indicated its willingness to grant this extension.

The offer is being made by Huatai Financial Holdings (Hong Kong) Limited on behalf of Ever Realm Capital Limited to acquire all issued shares of China Next-Gen Commerce and Supply Chain Limited not already owned or agreed to be acquired by Ever Realm Capital Limited and parties acting in concert with it.