DL Holdings Group delays circular for connected transaction again

DL Holdings Group Limited announced a further delay in the despatch of its circular related to a connected transaction involving the subscription of new shares under a specific mandate. The circular, which will include information on the Specific Mandate Subscription, a notice of EGM, and other required details, was initially expected by 18 September 2025.

The company now expects to despatch the circular on or before 13 October 2025. This delay is attributed to the need for additional time to finalize certain information within the circular. This follows previous announcements on 7, 12, and 14 August 2025 regarding the Placing, Top-up Subscription, and Specific Mandate Subscription, and an initial delay announcement on 28 August 2025.

The board of directors, as of 18 September 2025, includes executive directors Mr. Chen Ningdi (chairman, chief executive officer), Mr. Lang Joseph Shie Jay, Mr. Ai Kuiyu, and Ms. He Zhiying. Non-executive directors are Mr. Chan Kwan and Mr. Wang Yiding, with independent non-executive directors Mr. Chang Eric Jackson, Mr. Chen Cheng-Lien, and Mr. Liu Chun.