FilingReader Intelligence

Smart Digital Technology continues acquisition due diligence

December 16, 2025 at 05:03 PM UTCBy FilingReader AI

Smart Digital Technology Group Limited announced on December 16, 2025, that it is continuing its due diligence investigations into a potential acquisition, first disclosed in an announcement on August 20, 2025. The company stated that the due diligence process on the target group is ongoing.

The company will proceed with further negotiations for a formal agreement with the potential vendor, contingent on the progress of the due diligence. As of this announcement, no binding agreement for the potential acquisition has been signed.

Smart Digital Technology Group Limited emphasized that the potential acquisition may or may not proceed. Shareholders and potential investors are advised to exercise caution when trading the company's securities.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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