China Modern Dairy extends Shengmu acquisition offer document deadline

China Modern Dairy Holdings Ltd. announced an extension for the despatch of its offer document relating to a possible mandatory conditional cash offer for China Shengmu Organic Milk Limited. The original deadline for sending the offer document to China Shengmu shareholders was 21 days after the Rule 3.5 Announcement, dated 30 October 2025.

The Executive has consented to extend the despatch date to no later than seven days after the earlier of the SPA Completion Date under the Share Purchase Agreements or the Long Stop Date, which is 30 October 2026. This extension is necessary to satisfy conditions precedent under the Share Purchase Agreements and to finalize information for the offer document.

The acquisition will proceed only if SPA Completion takes place, which itself is subject to the satisfaction or waiver of various conditions precedent. A detailed timetable will be provided in the forthcoming offer document and subsequent announcements from China Modern Dairy and China Shengmu.