China VC Holdings acquisition offer document despatch delayed

China VC Holdings Limited and Affluent Foundation Holdings Limited have announced a delay in the despatch of the composite document for a mandatory unconditional cash offer. The document, which details Yellow River Securities Limited's offer on behalf of China VC Holdings to acquire all issued shares of Affluent Foundation, was initially expected by November 13, 2025.

The delay stems from the need for additional time to finalize information, including the group's indebtedness statement, financial information for the six months ended September 30, 2025, and an independent financial adviser's letter of advice. An application has been made to the Executive for consent to extend the deadline from November 13, 2025, to on or before December 11, 2025, which the Executive is minded to grant.

The composite document is intended to combine the offer document and the offeree's board circular, including offer details, the Independent Board Committee's recommendation, and forms of acceptance and transfer. Further announcements regarding the despatch will be made as appropriate.